Consider the impact to be positive or negative

Assignment Help Business Economics

Reference no: EM137647

Q. Social regulation is undertaken with the intention of improving the quality of life. The agencies most people are familiar with include: the Food & Drug Administration (FDA); the Equal Employment Opportunity Commission (EEOC); the Occupational Safety & Health Administration (OSHA); the Environmental Protection Agency (EPA); as well as the Consumer Product Safety Commission (CPSC).

Please respond to all of the following prompts:

Select one of the social regulatory agencies that you feel has affected your life. Clarify why you chose this agency as well as what the impacts to you have been. Do you consider the impact to be positive or negative? Why?

For the agency you selected, do an Internet search to find a specific example of an action this agency took regarding a specific situation or product. Write a summary of what you found "in your own words" as well as include the exact URL so we can all visit the webpage. Use quotation marks if any content is used directly from the outside source.

Opponents to regulation dislike government involvement in the markets. Should the government be involved in social regulation? Why or why not?

Reference no: EM137647

Questions Cloud

Country experiences population growth : Assume that neither country experiences population growth nor technological progress as well as that 5 percent of capital depreciates each year

Profit maximizing output rate : Clarify what happened to the profit maximizing output rate when input costs were increased.

Main ingredients as well as connections : What is the function, as well as what are the main ingredients as well as connections within the policy planning network doing off describes.

Cartel to maximize total industry profits : Assume that the firms form a cartel to maximize total industry profits. Determine the optimum output as well as selling cost for each firm.

Consider the impact to be positive or negative : Clarify why you chose this agency as well as what the impacts to you have been. Do you consider the impact to be positive or negative.

Under cost controls rationing is as inefficient : Assuming that under cost controls rationing is as inefficient as possible while under the quota, the allocation is as inefficient as possible.

Household consumption decision : Assume that household consumption decision suddenly become less sensitive to change in the rate of interest.

Ending of company prepayments : The ending of company prepayments balance is expected to be the same as its beginning prepayments balance.

Explain does borrower gain or lose : Does the lender gain or lose from this unexpectedly high inflation. Explain does borrower gain or lose.

User Account

All Pages