Which of the following allows the market to prevent excesses and correct itself over time?
A) deregulation
B) competition
C) acquisitions
D) monetary policy
E) regulation
Answer: A
Explanation: Much of the debate about the government's role can be framed as a question of regulation versus deregulation - having more rules in place to govern economic activity or having fewer rules in place and relying more on the market to prevent excesses and correct itself over time.
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