How does social regulation differ from economic regulation?
What will be an ideal response?
Social regulation focuses on the impact of production on the environment, working conditions, and the safety of goods. Economic regulation is concerned with the prices and outputs of specific goods or services. Social regulation covers firms in all industries while economic regulation usually involves particular industries. Social regulation can have a much broader impact on the economy as a whole than economic regulation.
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In 2009, Germany's capital account was -$135 million. This implies that
A) Germany invested more in other countries than those countries invested in Germany. B) Germany's currency must have appreciated during 2009. C) Germany imported more goods from its trading partners than it exported. D) Germany's official settlements account in 2009 must have been positive.
Economics is
a. the narrow study of how to make money in financial markets b. the broad study of how to allocate unlimited resources to satisfy limited uses c. the broad study of how to allocate limited resources to satisfy unlimited wants d. the narrow study of using stocks and bonds to their maximum potential e. the narrow study of how to be conservative in financial affairs
A coffee manufacturer uses both capital and labor resources for production. All other things constant, an increase in the price of capital will: a. shift the supply of labor curve leftward
b. shift the demand for capital curve rightward. c. shift the demand for labor curve leftward. d. shift the demand for labor curve rightward.
The most important determinant of how much an individual will pay for a share of stock is
A. The average daily volume for the corporation's shares. B. How well the CEO is compensated. C. The expectation of future profit. D. The structure of the market.