What is the author's stance on the role of government in economic regulation? (2

Practice Questions

Q1
What is the author's stance on the role of government in economic regulation? (2022)
  1. Governments should have minimal involvement.
  2. Government regulation is essential for economic stability.
  3. All forms of regulation are detrimental to growth.
  4. Governments should only intervene in crises.

Questions & Step-by-Step Solutions

What is the author's stance on the role of government in economic regulation? (2022)
  • Step 1: Read the question carefully to understand what is being asked about the author's opinion.
  • Step 2: Identify the main topic, which is the role of government in economic regulation.
  • Step 3: Look for key phrases in the text that indicate the author's viewpoint on government regulation.
  • Step 4: Determine if the author believes government regulation is important or not.
  • Step 5: Conclude that the author thinks government regulation is necessary for economic stability.
  • Step 6: Select option B as the correct answer based on the author's stance.
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