Question 1

What does the Environmental Protection Agency do?

Accepted Answer

They aim to protect human health and the environment

Answer

They regulate interstate and international communications by radio, television, wire, satellite and cable in all 50 states.

Answer

They prevent business practices that are anticompetitive or deceptive or unfair to consumers

Question 2

What does the Federal Trade Commission do?

Accepted Answer

They prevent business practices that are anticompetitive or deceptive or unfair to consumers

Answer

They regulate interstate and international communications by radio, television, wire, satellite and cable in all 50 states.

Answer

They aim to protect human health and the environment

Question 3

Which agencies regulates the mass media industry in the economy?

Accepted Answer

Federal Communications Commission - FCC

Answer

Federal Trade Commission - FTC

Answer

Food and Drug Administration - FDA

Answer

Environmental Protection Agency - EPA

Question 4

Why is a monopoly bad for an economy?

Accepted Answer

It eliminates competition

Answer

It lowers consumer prices

Answer

It lowers the cost of production

Answer

It promotes cometition among businesses

Question 5

Who creates guidelines that protect public health and safety?

Accepted Answer

government agencies

Answer

citizens

Answer

Congress

Answer

General Assembly

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