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What is regulation in an economic system? Regulation is the placing of limits or restrictions on business activity by the government. Regulation is the placing

What is regulation in an economic system?
Regulation is the placing of limits or restrictions on business activity by the government.
Regulation is the placing of limits or restrictions on business activity by producers.
Regulation is the removal of limits or restrictions on business activity by the government.
Regulation is the removal of limits or restrictions on business activity by producers.
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