GK
PUBLIC ADMINISTRATION
Question
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Regulations Definition?
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Transfer of money from the federal government to state and local governments in pursuit of national objectives
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Special advantages in the tax code to create incentive for behavior the government wants to encourage
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The separation of political decision-making from administrative policy implementation
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Rules set by government to govern the behavior of individuals and organizations
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Explanation:
Detailed explanation-1: -In addition to fiscal and monetary policies, a government affects the economy through regulatory policy, which aims to limit what can be done in the marketplace. Most governments have some regulations covering a variety of areas, including: Banking, insurance, and other financial businesses.
Detailed explanation-2: -Regulations are rules made by a government or other authority in order to control the way something is done or the way people behave.
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