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Question
Administrative spending for federal regulatory agencies, which is used as a measurement of regulatory costs, hasa. decreased in recent years as more of the burden of regulation is shifted to the state agencies.
b. increased in recent years because states have been ineffective with their regulations and the burden has shifted to federal agencies.
c. decreased because companies have been much more responsible at self-regulation, and less federal spending is needed.
d. increased steadily over the years as the world of business has continued to grow and become more complex.
e. remained relatively steady throughout the past couple of decades.
Answer
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