Regulatory policies protect consumers byoverseeing and limiting businesses.deciding how to tax and spend money.controlling the s

Question

Sholpan [36]

2 years ago

8

Regulatory policies protect consumers byoverseeing and limiting businesses.deciding how to tax and spend money.controlling the s

upply of money.providing public assistance programs.

Business

2 answers:

Ymorist [56] · Answer 1 · 2022-08-06T09:26:50+03:00

Ymorist [56]2 years ago

7 0

I believe the correct answer from the choices listed above is the first option. Regulatory policies protect consumers by overseeing and limiting businesses. Hope this answers the question. Have a nice day. Feel free to ask more questions.

allsm [11] · Answer 2 · 2022-08-06T11:29:03+03:00

The option A is correct. Regulatory policies protect consumers by overseeing and limiting businesses.

Further Explanation:

Regulatory policies are those policies made for protecting the consumer by the government. The government protects the consumer by unfair policies and malpractices of the producer and the seller.

Justification for the correct and incorrect answer:

A.

Overseeing and limiting businesses: This option is correct.

The government may check over the business. The government oversees and limiting the business in case of the producer may sell the harmful products in the market. The government protects the consumer.

B.

Deciding how to tax and spend money: This option is incorrect.

This measure does not protect the consumer as the government can not limit the money spent by the consumer. This option is not correct.

C.

Controlling the supply of money: This option is incorrect.

If the government controls the supply of money, the consumer will not able to purchase the product.

D.

Providing public assistance programs: This option is incorrect.

The government provides a public assistance program, it does not protect the consumer. It provides only assistance. This option is not correct.

Learn more:

1. Learn more about consumer influence

brainly.com/question/5906552

2. Learn more about trade-offs

brainly.com/question/5057443

3. Learn more about consumer protection laws

brainly.com/question/1862829

Answer details:

Grade: Middle School

Subject: Economics

Chapter: Regulatory policies

Keywords:

regulatory policies, protect consumers, overseeing and limiting, businesses, how to tax, spend money, the supply of money, public assistance programs, unfair policies and malpractices of the producer, and the seller.