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Economics: The Basics 1st Edition by Mike Mandel
Edition 1ISBN: 978-0071316026Economics: The Basics 1st Edition by Mike Mandel
Edition 1ISBN: 978-0071316026 Exercise 3
Which of the following actions are examples of deregulation? Which are examples of increased regulation? Explain who is affected by each.
a) In 1996 Congress passed legislation-the Health Insurance Portability and Accountability Act (HIPAA)-requiring health care providers to protect the privacy of patient information.
b) In 2002, Congress passed legislation-the Sarbanes-Oxley Act-increasing financial reporting requirements for corporations.
c) In 1999, Congress passed legislation-the Financial Services Modernization Act-allowing banks, among other things, to sell insurance.
a) In 1996 Congress passed legislation-the Health Insurance Portability and Accountability Act (HIPAA)-requiring health care providers to protect the privacy of patient information.
b) In 2002, Congress passed legislation-the Sarbanes-Oxley Act-increasing financial reporting requirements for corporations.
c) In 1999, Congress passed legislation-the Financial Services Modernization Act-allowing banks, among other things, to sell insurance.
Explanation
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Deregulations: It refers to reducing or ...
Economics: The Basics 1st Edition by Mike Mandel
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