šŸ·ļø LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION ā†’
Log in
Economics
3
answers
0
watching
137
views
20 Dec 2018

Environmental protection comes under the category of

Select one: a. economic regulation

b. social regulation

c. safety regulations

d. environmental regulations

Watch
3
answers
0
watching
137
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share
26 Mar 2023
Already have an account? Log in
Share
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

Which of the following statements best describes the difference between economic regulation and social regulation?

a. Social regulation has historically targeted industries such as railroads and airlines while economic regulation has all the industries under its purview.

b. Economic regulation has little to do with price and output while social regulation explicitly deals with price and output.

c. Economic regulation deals with price and output, while social regulation deals with health and safety matters that apply across several industries.

d. Social regulation is concerned with direct redistribution of wealth while economic regulation is concerned with accumulation of wealth.

e. Economic regulation is concerned with direct redistribution of wealth while social regulation is concerned with accumulation of wealth.

Ā 

Select all that apply to which factors make environmental regulation more difficult in poor countries:

a.) Trade that helps transfer clean technology

b.) Political institutions are often less democratic

c.) Monitoring and enforcement is often weaker

d.) Bureaucrats are low paid and more easily corruptible

e.) Citizens have a lower willingness to pay for environmental protection

Refer to the table below:

Agency Number of Employees (2011)
SOCIAL REGULATION Ā 
Consumer safety and Health 39,037
. Food and Drug Administration (FDA) Ā 
. Food Safety and Inspection Service, etc. Ā 
Homeland Security 150,201
. Transportation Security Administration (TSA) Ā 
. Customs and Border security Ā 
. Immigration and Customs, etc. Ā 
Transportation 9,863
. Federal Aviation Administration (FAA) Ā 
. Federal Motor Carriers Safety Administration Ā 
. Federal Railroad Administration, etc. Ā 
Workplace 12,351
. Occupational safety and Health Administration (OSHA) Ā 
. Mine Safety and Health Administration Ā 
. Employment standards Administration, etc. Ā 
Environment 26,900
. Environmental protection Agency (EPA) Ā 
. Forest and Rangeland Research Ā 
. Fish and Wildlife Service, etc Ā 
Energy 4,064
. Nuclear Regulatory Agency, etc Ā 
ECONOMIC REGULATION Ā 
General Business 17,517
. Patent and Trademark office Ā 
. Securities and Exchange Commission (SEC) Ā 
. Federal Trade Commission (FTC), etc. Ā 
Finance and Banking 14,985
. Federal Reserve System Ā 
. Federal Deposit insurance Corporation (FDIC) Ā 
. Comptroller of the Currency, etc Ā 
Industry-Specific Regulation 6,914
. Agricultural Marketing Service Ā 
. Federal Communications (FCC), etc. Ā 
Total Regulatory Employment: 281,832

If the average U.S. worker produces $60,000 of output per year, what is the annual opportunity cost of the federal regulatory workforce?

Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in