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Which of these is not an assumption underlying regulatory capture theory? Select one: a. Politicians are not neutral arbiters b. The government has no independent
Which of these is not an assumption underlying regulatory capture theory?
Select one:
a.
Politicians are not neutral arbiters
b.
The government has no independent role to play in the regulatory process
c.
All members of society are economically rational
d.
The regulated comes to control or dominate the regulator
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