When regulations interfere with exchange and limit entry into various businesses and occupations, they will
A) help a country achieve more rapid economic growth.
B) promote more efficient use of investment capital by entrepreneurs.
C) retard economic progress.
D) increase the profits of business firms.

Question

Quizplus · Accepted Answer

When regulations limit entry into various businesses and occupations, they create barriers and discourage competition. This can lead to reduced innovation, higher prices for consumers, and decreased economic progress.

When Regulations Interfere with Exchange and Limit Entry into Various