Think of regulatory bodies as the referees and regulations


Think of "regulatory bodies" as the referees and "regulations" as the rules. What if we eliminated the "regulatory bodies" and the "rules"? What do you think would happen? Do you think that the U.S. can operate a "true" free market economy (void of regulatory bodies and regulations)? Why or Why not?

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Financial Management: Think of regulatory bodies as the referees and regulations
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