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Assessment
What is one of the primary purposes of economic regulation?
To maintain competition and prevent monopolies
To enhance government revenue
To eliminate all private businesses
To enforce higher taxes on consumers
Which of the following is an example of economic regulation?
Environmental protection laws
Minimum wage laws
Laws regulating business mergers
Criminal laws
Which agency is primarily responsible for economic regulation in the United States?
Environmental Protection Agency (EPA)
Federal Trade Commission (FTC)
Department of Education
Federal Bureau of Investigation (FBI)
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