22. Economics professors Thomas Hopkins and Arthur Gosnell of the Rochester Institute of Technology estimated that in

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22. Economics professors Thomas Hopkins and Arthur Gosnell of the Rochester Institute of Technology estimated that in the year 2000, regulations cost the United States $662 billion, or about $5,700 per family. (LO8-5)

a. Do their findings mean that the United States had too many regulations?

b. How would an economist decide which regulations to keep and which to do away with?

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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Question Posted: Oct 15, 2024 01:00 AM

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22. Economics professors Thomas Hopkins and Arthur Gosnell of the Rochester Institute of Technology estimated that in

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Microeconomics

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