Can someone help me with this question please
What effect do consumer-protection regulat...
Social Studies, 27.03.2020 01:07 owenr4758
Can someone help me with this question please
What effect do consumer-protection regulations have on the circular flow of the free-market system?
They divert resources to government planners, which cuts down on economic activity.
They increase costs for producers, which slows the flow of investment.
They lead to increased prices and higher taxes, which reduces the flow to almost nothing.
They inspire consumer confidence, which leads to increased purchases from producers.
Answers: 1
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