Which theory of regulation suggests that regulatory outcomes reflect the desire of regulatory agencies to increase their own budgets and power more than they reflect any interests of business or the public? a. Capture theory of regulation b. Public choice theory of regulation c. Public interest theory of regulation

Scenario: the economy of country y has been in an economic downturn for the last several months. recently, businesses have invested in new technologies in order to produce the goods that consumers are demanding within the nation's own borders. the government has removed regulations to allow producers and consumers to have more financial freedom. as a result, consumer spending has increased and the economy has begun to improve. use the drop-down menus to complete the sentences. according to the information presented about country y, the classical economic concept of ( the invisible hand, consumer efficiency, government regulations) can be seen. the economic events of country y demonstrate the idea of laissez faire because the government (did, did not) intervene in economic events.

The decision states that legislation cannot overcome social prejudice. can it reinforce social prejudice? how?

The economy of the united states is best described as