Which of the following best describes how the U.S. government has established the rules in which the markets operate?(1 point)

Question

Responses

The government creates an issue, organizes a regulatory agency, and puts that agency in charge of creating rules and regulations for that part of the market.
The government creates an issue, organizes a regulatory agency, and puts that agency in charge of creating rules and regulations for that part of the market.

The government notices an issue, creates a regulatory agency, and the president makes rules and regulations for that part of the market.
The government notices an issue, creates a regulatory agency, and the president makes rules and regulations for that part of the market.

The government creates a regulatory agency, and puts that agency in charge of determining what the potential issues might be in that part of the market.
The government creates a regulatory agency, and puts that agency in charge of determining what the potential issues might be in that part of the market.

The government notices an issue, creates a regulatory agency to oversee the issue, and puts that agency in charge of creating rules and regulations for that part of market.
The government notices an issue, creates a regulatory agency to oversee the issue, and puts that agency in charge of creating rules and regulations for that part of market.
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Answer 1

The response that best describes how the U.S. government has established the rules in which the markets operate is:

The government notices an issue, creates a regulatory agency to oversee the issue, and puts that agency in charge of creating rules and regulations for that part of the market.

This accurately reflects the general process by which regulatory agencies are formed in response to identified issues in the markets, and the roles they play in developing rules and regulations to govern those markets.