Question

Take a look at both panels of Figure 27-1. Suppose that we are willing to accept both federal regulatory spending per year and the annual number of Federal Register pages as measures of the extent of government regulation of businesses. Based on these measures, does any period unambiguously appear to stand out as one in which the extent of regulation declined?

Short answer

The years $1985-1995$unambiguously appear to stand out as one in which the extent of regulation declined.

Step-by-step solution

Given Information

The U.S. government has sanctioned different business guidelines for the assurance of the privileges of the workers, security of the climate and consider business substances responsible for the power they use in the business-driven society.

Explanation

In the years $1985-1995$ , both the administrative spending by government organizations and Federal Register pages are showing declining patterns when contrasted with their past and following periods. From this perception, it tends to be reasoned that from 1985 to 1995 there was a decrease in the public authority guideline of organizations.