Q1. All of the following are benefits associated with social regulation EXCEPT: A) a less polluted environment. B) lower consumer prices. C) safer, higher-quality products and services.
Q2. All of the following are negative consequences associated with social regulation EXCEPT: A) increased unemployment. B) a decline in industry competitiveness. C) higher production costs.
Q3. Which of the following statements regarding social regulation is FALSE? A) The benefits of social regulation are easily recognized and can be accurately quantified. B) Some form of social regulation currently exists in all industries in the United States. C) Two of the primary goals of social regulation are increased product quality and improved workplace conditions.
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