1.22. The total cost of government regulations in the U.S. manufacturing sector was estimated by the National...

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1.22. The total cost of government regulations in the U.S. manufacturing sector was estimated by the National Association of Manufacturers to be about $2 trillion in 2012, or $15,400 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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Economics

ISBN: 9781259193156

10th Edition

Authors: David Colander

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