question
Regulatory agencies such as the OCC and the FDIC add ___ to the banking system.
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A purpose of government regulation in a mixed-market economy is to protect
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A regulatory agency that protects workers is
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A goal of financial regulatory agencies is to
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prevent monopolies.
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Which regulatory agencies provide general oversight for the banking industry?
answer
the Fed and the FDIC
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Which most likely explains why the costs and benefits shown by the EPA are higher than the other regulatory agencies?
answer
The EPA legislates and enforces more regulations that reap greater benefits than the other agencies.
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A regulatory agency that makes sure banks follow federal laws is
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Which are duties of OSHA? Check all that apply.
answer
investigating worker complaintsinspecting businesses
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In which situation would government regulation most likely be necessary?
answer
A factory requires employees to work in unsafe conditions.
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Government regulation is intended to
answer
discourage producers from taking harmful actions.
