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What is one benefit of consumer-protection regulations?
Consumer protection regulations add a safety net for consumers. The Consumer Financial Protection Bureau monitors financial markets for risks to consumers.
Consumer protection regulations are beneficial because they lead to what?
consumer confidence
What does the government do as it enforces consumer-protection regulations?
Tests products such as drugs and automobiles for safety!1
What effect do consumer-protection regulations have on the circular flow of the free-market system?
They inspire consumer confidence, which leads to increased purchases from producers.
How do companies pay for the costs associated with complying with consumer-protection regulations?
by raising prices
What does complying with consumer-protection regulations do?
Complying with consumer protection regulations increases production costs and raises prices.
What is one benefit of consumer-protection regulations?
Consumer protection regulations add a safety net for consumers. The Consumer Financial Protection Bureau monitors financial markets for risks to consumers.
Consumer-protection regulations are beneficial because they increase what?
Consumer confidence
Consumer protection regulations are beneficial because they lead to what?
consumer confidence
Why are Consumer Protection Regulations Beneficial Because They Increase?
consumer confidence
What is one benefit consumer protection regulations?
One benefit of consumer protection is the reduction in injuries and deaths.
What does Consumer-protection regulations not involve?
Government censorship
Which of these is not necessary for the enforcement of consumer-protection regulations?
censorship
Consumer-protection regulations do not involve what?
government censorship
What consumer-protection regulations do not involve?
government censorship
What does enforcing consumer-protection regulations involve?
Government censorship
What does the government have to do to protect consumer-protection regulations?
oversee production
