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Q: In which situation would government regulation most likely be necessary?
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Where there is natural monopoly what is government most likely to implement?

Industrial regulation


What would a laissez faire economist most likely favor?

Minimal government regulation of the marketplace


What would a laissez-faire economist most likely favor?

Minimal government regulation of the marketplace


What action would most likely increase the number of discoveries scientists can make?

Tougher government regulation and decreased funding would likely decrease the number of discoveries scientists could make.


Which situation most likely results when the government lowers interest rates to banks?

Economic activity increases.


A government regulation that would make businesses pay their workers' health insurance would most likely concern which interest groups?

Business And Labor Groups


A government regulation that would make businesses pay their workers health insurance would most likely concern which interest groups?

business and labor groups


How may ethical business practices minimize regulation from government agencies?

Where companies are believed to be acting unethically, the public is more likely to put pressure on legislators and other government officials to regulate those businesses or to enforce existing regulations.


What is least likely to be a mechanism for enzyme regulation?

It's Proteolytic cleavage!


If research is restricted then the new discoveries made are limited. Which action would most likely increase the number of discoveries scientists can make?

Increasing government funding of research


For which situation would you most likely write meeting minute?

A student government meeting (or typically any other association which abides by parliamentary procedure).


Which situation most likely results when the government raises interest rates to Banks?

Fewer citizens borrow money to buy houses or cars