Vagueness doctrine is a doctrine that prohibits vague government statues, ordinance, and regulations.
Explanation: In American constitutional law, a statue, ordinance and regulation is void for vagueness and unenforceable if it is too vague for the average citizen to understand.
____________ prohibits vague government statues, ordinances, and regulations
Suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon. Complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding. Statement Price Control Binding or Not The government prohibits gas stations from selling gasoline for more than $2.80 per gallon. Due to new regulations, gas stations that would like to pay better wages...
1. The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon. Complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding. Price Control Binding or Not Statement Due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited...
1. The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day. Complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding. Statement Price Control Binding or Not The government prohibits car-rental companies from renting out rental cars for more than $87 per day. Due to new regulations,...
1. The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price of milk is $2.50 per gallon. Complete the folowing table by indicating whether each of the statements is an example of a price ceiling or a price Rloor and whether it is nonbinding Price Control Binding or Not Statement Due to new regulations, grocery stores that would like to pay better wages in order to hire more workers are prohibited from doing...
The language of price controls Suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon. Complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding. The government prohibits gas stations from selling gasoline for more than $3.40 per gallon. There are many teenagers who would like to work at gas stations, but they are not hired due...
5. The usual response of the banking system to new government regulations is: A. B. C. D. evasion through whatever means are necessary bankruptcy an attempt to circumvent the regulations through financial innovation. strict compliance
Our economic and social existence is shaped by government regulations. Think of a specific example where government regulation helped shape the operations of a business. Was government regulation needed in your opinion? Explain your answer.
The federal government may impose regulations on business: By virtue of its police power To advance the interests of homeland security Ο Ο Ο Ο To advance the nation's economic needs If those regulations do not impose an unreasonable burden on interstate commerce
Explain the rationale for government regulations on businesses in your own words. Identify a federal or state regulation that you support or oppose. Explain your support or opposition to the regulation.