Market economy governments may establish regulatory laws (control aspects of how firms are
to be run)
Goals of Government Regulation
- Low unemployment
- Price stability
- Economic growth
Reasons Governments Regulate
Protection of In
1. Establishing a budget is one of the best things I can do for myself financially. Living has
plenty of expenses to go along with it, but it does not have to be daunting. A great deal of
headache can be saved by managing the money I make according to wha
Module 6 Guide
Steps in a Rational Decision-Making Model
Define the situation or problem.
Identify the important criteria to evaluate possible solutions.
Consider all possible solutions or alternatives.
Calculate the consequences of these solutions versus