12
QuizMultiple Choice

Unit Test — Unit test

Question 12 • OCPS -2102371-Personal Finance and Money Management

The government of Country C has passed a law protecting the physical safety of factory workers. This is an example of

Answer
m
monetary policy.
s
supply and demand.
f
fiscal policy.
r
regulatory policy.

Explanation

A law that sets safety requirements for factory workers places rules on how businesses must operate. This is regulatory policy, which uses laws and regulations to guide or restrict economic activity. It is not monetary policy, which concerns the money supply and interest rates, or fiscal policy, which concerns government spending and taxes.

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