When the nation has a strong and lasting interest in performing a function, the bureaucratic unit most commonly established to p
erform that function is the __________. A) independent executive agency
B) cabinet level department
C) government corporation
D) independent regulatory commission
Generally speaking, when the nation has a strong and lasting interest in performing a function, the bureaucratic unit most commonly established to perform that function is the "<span>A) independent executive agency", since they often have "executive control" over the task at hand and a good deal of independence. </span>
Regulatory economics is the economics of regulation. It is the application of law by government or independent administrative agencies for various purposes, including remedying market failure, protecting the environment, centrally-planning an economy, enriching well-connected firms, or benefiting politicians.
