Which policy would be in the best interests of consumers?

Question

(1 point)
Responses

increasing tariffs
increasing tariffs

decreasing minimum wage
decreasing minimum wage

breaking up large companies to increase competition
breaking up large companies to increase competition

changing loan interest rates to encourage saving rather than borrowing
changing loan interest rates to encourage saving rather than borrowing

Answer 1

The policy that would be in the best interests of consumers is:

breaking up large companies to increase competition.

Increasing competition typically leads to lower prices, better quality products and services, and more choices for consumers.