What did Congress do in 1995 to reduce overregulation?Multiple ChoiceIt passed the Airlines Deregulation Act, which eliminated government-set airfares and the requirement that airlines provide service to smaller-sized cities.It enacted legislation that prohibits administrators in some instances from issuing a regulation unless they can show that its benefits outweigh its costs.It cut the budget of the Food and Drug Administration.It restricted the president's ability to directly request administrative regulations from agency heads.It cut funding for regulatory agencies like the EPA and Securities and Exchange Commission.

How has the Government Accountability Office's role changed?Multiple ChoiceIt has acquired wide judicial and adjudication powers to deal with inter-agency disputes.It has changed from a presidential-executive support agency to largely a congressional support agency.It has been given broader powers over time to actually grant additional funds or take away funds directly from agencies.It has its broad powers limited from general oversight down to keeping track of agency spending.

1913, the _____________________ was passed, resulting in a reduction in the revenue of the government as export taxes levied on sugar, tobacco, hemp, and copra were lifted.Select one:a.None of the choicesb.Underwood-Simmons Tariff Actc.TydingsMcduffied.Monopoly Act

Multiple Choice QuestionWhich act was passed to prevent businesses from restraining trade and monopolizing markets, and condemns "every contract, combination, or conspiracy in restraint of trade"?Multiple choice question.Sherman Antitrust ActClayton ActDodd-Frank ActSarbanes-Oxley Act

Identify the method that was used to determine that Congress has the power to regulate interstate commerce

Suppose in this 2022 you manage the travel department for a largecorporation and your sales force makes heavy use of air travel to call on customers. The presidentof the corporation wants you to reduce travel expenditures next year in 2023. The extent to whichyou will need to curb air travel next year will depend on what happens to the price of air travel. Ifairfares fall in 2022, you can satisfy the wants of both the president, who wants expenditures cut,and the sales personnel, who would be hurt by travel restrictions. Clearly, you need to predict whatwill happen to airfares. You have recently read in the dailies about the following two events thatyou expect will affect the airline industry in 2023:1. A number of new, small airlines have recently entered the industry and others are expected toenter next year.2. Broadband Internet videoconferencing is becoming a popular, cost-effective alternative tobusiness travel for many U.S. corporations. The trend is expected to accelerate next year astelecommunications firms begin cutting prices on teleconferencing rates.With graphic support, carefully analyze how these events would affect the price of air travel in2023. 6 Mark