International & Economic Relations Unit Test

Question

7 of 257 of 25 Items
Question
What is the main goal of regulatory agencies?(1 point)
Responses

Regulatory agencies create rules and regulations that protect specific aspects of the market.
Regulatory agencies create rules and regulations that protect specific aspects of the market.

Regulatory agencies help make sure sellers are protected from harm by buyers.
Regulatory agencies help make sure sellers are protected from harm by buyers.

Regulatory agencies enable Congress to attend to other tasks besides making rules.
Regulatory agencies enable Congress to attend to other tasks besides making rules.

Regulatory agencies allow the president to make rules that they think are best for the American people.

Answer 1

The main goal of regulatory agencies is:

Regulatory agencies create rules and regulations that protect specific aspects of the market.

This response highlights the primary function of regulatory agencies, which is to establish and enforce rules that ensure fair practices, consumer protection, and the proper functioning of markets.