Identifying Economic Regulation
Which of the following is NOT an example of economic regulation?
A
An international tourism company must have an employee complete a course on visa requirements before offering its services.
B
A company is required to pay its employees a minimum wage to legally sell its products.
C
A real estate firm must pay federal income taxes to remain in business.
D
The Consumer Product Safety Commission recommends a toy recall because its small parts pose a choking hazard.
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