Public Policy

Why is the "Know Your Customer" (KYC) policy implemented?
A. To make money cheap
B. To increase the customer's income
C. To prevent illegal activities
D. To make paying taxes easier

C. To prevent illegal activities

Public policies can be influenced by the interests of businesses and industries through which of the following?
A. Legal rulings
B. Lobbying
C. Scientific journals
D. Public speeches

B. Lobbying

Which of the following is generally regarded as the first stage of the public policy cycle?
A. Policy evaluation
B. Policy implementation
C. Problem identification
D. Policy termination

C. Problem identification

Which of the following is considered as redistributive policy?
A. Social security
B. Safety regulations
C. Regulation of banking
D. Workplace safety regulations

A. Social security

……… is probably the government's best known tool in public policy.
A. Spending money
B. Distribution
C. Regulating
D. Charging fine

C. Regulating