Question #3
Reading: Reading 7 Economics of Regulation
PDF File: Reading 7 Economics of Regulation.pdf
Page: 1
Status: Unattempted
Question
"Net regulatory burden" is best defined as:
Answer Choices:
A. direct costs of implementation, less private benefits resulting from implementation, plus the indirect cost of changes in economic behavior resulting from implementation
B. direct costs of implementation, plus the indirect cost of changes in economic behavior resulting from implementation
C. direct costs of implementation, less private benefits resulting from implementation
Explanation
Net regulatory burden measures direct and indirect costs against the private benefits
resulting from implementation.