AnswersPMHS Civics Q2Regulatory Policy

Regulatory Policy Answers

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3

RegulationMonopolyRevenue

A
Regulation
B
Monopoly
C
Revenue
4

Which of these laws was created in order to directly protect consumers?

p
pollution laws
p
product safety laws
w
wage laws
e
equal opportunity laws
5

What are the purposes of financial regulations? Choose three answers.

A
to make business competitive
B
to enforce government intervention
C
to limit and prevent monopolies
D
to allow businesses to collaborate
E
to ensure only one business can operate
F
to place regulations on prices
6

Which of these regulations falls under the jurisdiction of the Environmental Protection Agency?

p
prescription safety
a
automobile emissions
c
credit card interest rates
p
power tools used in factories
7

only when necessaryon a regular basisas often as possible

A
only when necessary
B
on a regular basis
C
as often as possible
8

Which statement about the SEC is accurate?SEC- U.S. Securities and Exchange Commission

A
It can convict people of crimes without a trial.
B
It is part of the government’s cabinet department.
C
It is an independent agency that regulates finance.
D
It is associated with the legislative branch.
9

Which agency is under the authority of the Department of Labor?

A
SEC- U.S. Securities and Exchange Commission
B
OSHA- Occupational Safety and Health Administration
C
EPA- United States Environmental Protection Agency
D
FDA- Food and Drug Administration
10

How are government regulations established?

C
Citizens agree on new regulations through annual elections.
S
Specialized executive agencies respond to a new policy by creating regulations.
B
Business owners agree to create regulations to better compete with one another.
T
The courts establish regulations in response to unfair business practices.

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Regulatory Policy Answers — PMHS Civics Q2