The Public Interest Theory of Regulation Holds That Regulators Will

Multiple Choice

The public interest theory of regulation holds that regulators will

A) make regulatory decisions that benefit them at the expense of the special interests they are regulating.
B) be slow to adopt sound economic principles to guide their regulatory decision-making.
C) do through regulation what is in the public's best interest.
D) say they are doing what is right for the public, but in reality they are doing what is right for themselves.
E) often take vacations at taxpayer's expense.