Question

Whenever Congress has a perceived need for ongoing control of an economic activity, it has tended to create a

Select one:

a. regulatory agency.
b. cabinet department.
c. presidential commission.
d. government corporation.
e. blue ribbon panel.

Answer 1

Answer: Regulatory Agency

Explanation: A regulatory agency is an agency created by the government for the purpose of implementing and enforcing a policy. They are created to protect consumers in the market especially where the manufacturer has little or no competition. They can be set up by Congress when they feel there's a need to regulate policies in the market, which can be safety measures or economic control