Exam 8: Business-Government Relations

Most experts can agree the government spending on U.S. regulatory activities will begin to decrease by the early 2010s.

Public policy effects are always unintended consequences of an action.

Economic regulations:

An example of an illegitimate government can be seen in:

Managers' understanding of government regulations is:

What could the United States government do about the out of control costs of regulation and the staffing of regulatory agencies in the United States?

Government's role is to create and enforce laws that:

A cooperative government-business relationship on one issue does not guarantee cooperation on another issue.

By raising and lowering the interest rates at which private banks borrow money from the government, the Federal Reserve Bank:

Regulatory activity often is cyclical.

Which of the following is not an example of a social regulatory agency?

Deregulation is often:

Economic policies include:

Deregulation has occurred in the following industries:

Patterns of government taxing and spending that are intended to stimulate or support the economy are:

Government and business together establish the regulatory rules under which business operates in society.

An example of a regulatory agency charged with enforcing social regulation is:

In Europe, unions are prohibited by law to be on businesses' administrative boards.

Define each key element of public policy process and provide an illustration or example for each element.

Why does international regulation occur? Discuss the conditions that affect the regulation of business in a global context.