Economics : Micro 4
4th Edition
ISBN: 9781305436855
Author: MCEACHERN
Publisher: CENGAGE L
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Question
Chapter 15, Problem 3.4PA
a)
To determine
The reason for more interest of the producers in government regulations as compared to the consumers and the public interest and special interest theories of economic regulation are to be compared and the capture theory of regulation is to be determined.
b)
To determine
the theories of regulation that explains the reason for the massive fraud of Bernie Madoff went unnoticed for years.
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