______ refers to the situation where bureaucratic agencies that are supposed to regulate business and industries are staffed by individuals with close ties to the very firms that they are supposed to be regulating.
a. Nepotism
b. Agency capture
c. Conflict of interest
d. Unethical behavior
Answer: b. Agency capture
You might also like to view...
Briefly explain the importance of rural interests in India
What will be an ideal response?
Tina's research study is going to investigate the impact of sexual text messaging on middle school students. Why would the IRB consider this a case of using a special population?
a. Tina is using a survey on sex. b. Tina is using minors. c. Tina did not obtain informed consent. d. Tina is investigating sensitive material.
Regulation of the media began
a. during the latter part of the 1990s. b. just before the beginning of World War I. c. after World War I. d. after the Korean Conflict. e. during the Vietnam War.
What is deregulation in the American political economy?
a. an increase in the barriers to economic productivity b. the elimination of business and environmental regulations c. the removal of barriers to productivity and growth d. the removal of barriers to the collection of taxes