PA 315

Question 9

What is the name of the publication that contains notices of proposed regulatory actions and hearings?

Question 10

What is the name of the law that authorizes and provides guidelines for the regulatory process?

Question 11

In many federal agencies, an independent official presides over disputes between business and government. What is this official is called?

Question 12

How do the authors distinguish between ethic and morals?

Question 13

The Federal Reserve Board includes a Chairman, a Deputy, and what else

Question 14

How does changing the money supply affect the economy?

Question 15

As noted in the text, which company was the subject of a price fixing scheme that resulted in many of its executives going to jail?

Question 16

When was the APA enacted?

Question 17

What is the purpose of Sarbanes-Oxley?

Question 18

which are not among the ten things identified in the reading that are said to encourage corporate social responsibility and ethical behavior

Question 19

Which are NOT the arguments for building an ethical business culture?

Question 20

Congress could not levy taxes; rather, it could request levies from the states - which were consistently ignored. This is characteristic of which era?

Question 21

In which era did the federal government began its protracted period of disinvestment in government responsibilities though deregulation, privatization and devolution to the states?

Question 22

In which era did government at all levels begin a concerted effort to place limits on unrestrained business growth and business practices that adversely affected the health and safety of Americans?

Question 23

Which theory of regulation focuses on the idea that the private sector can regulate itself much of the time if properly incentivized?

Question 24

Which theory of regulation focuses on the idea that the private sector can regulate itself much of the time if consumers are conscious of the effects of business and have good information?

Question 25

Which theory of regulation focuses on the idea that regulation is needed in order to protect the public good, especially in areas such as in natural monopolies and where competition does not provide a natural corrective action such as in employment discrimination?

Question 26

To whom is The Fed accountable?

Question 27

What type of monetary policy is generally pursued during a recession in order to encourage growth?

Question 28

Which of these describes three models of business/government relations?

Question 29

lobbying is big business. Approximately what is the total lobbying spending by lobbying clients (i.e., official lobbying dollars) According to the text?

Question 30

Often rich people in poor country invest most of their capital in other countries because these economies are more stable and safer what is this practice

Question 31

Match the word in the left-hand column with the phrase that best explains it on the right