1.A phrase used to describe situations where a regulatory agency falls under the influence of a powerful interest group.

a.Public interest standard

b.Public trustee

c.Regulatory barriers

d.Regulatory capture

2. Which of the following is NOT a significant argument that has been advanced in favor of government regulation of telecommunications?

a.Spectrum scarcity (not enough spectrum for everyone) and reducing interference

b.Providing for and protecting the public interest

c.Promoting the rapid development of telecommunications technology

d.Providing for an efficient national communications system by regulating rates and services in a natural monopoly market

3.Which of the following statements is NOT true of an FCC NOI (Notice of Inquiry)?

a.The FCC releases an NOI for the purpose of gathering information about a broad subject.

b.The FCC releases an NOI for the purpose of generating ideas on a specific issue.

c.The FCC may release an NOI in response to an outside request.

d.The FCC must release an NOI in order for a rule making to commence.

4.Which of the following terms is known as a set of policies designed to keep rates for local telephone service affordable and reasonably homogenous for subscribers? At times, the phrase refers more broadly to any subsidy or program designed to assist low-income or otherwise disadvantaged telecommunications consumers. The correct answer is______.

a.Rate of Return Regulation

b.Price Cap Regulation

c.Public Interest Standard Policies

d.Universal Service

e.Common Carrier Policies