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Institutions Influence the Decision-Making Process of Both Individuals and Firms

Question 42

Multiple Choice

Institutions influence the decision-making process of both individuals and firms by:


A) signaling what conduct is legitimate and acceptable and what is not.
B) expanding the range of acceptable actions that firms can take.
C) focusing on values and beliefs rather than laws and regulations.
D) focusing only on laws,regulations,and rules.

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