Question: 1. Why might a stringent rule that induces a few firms to reduce production be less likely to reduce economic growth rate than a less

1. Why might a stringent rule that induces a few firms to reduce production be less likely to reduce economic growth rate than a less stringent but broader regulation that causes all industries to cut their production?
2. Could one substantial regulation that affects all firms potentially cause a larger decrease in productivity growth than dozens of minor rules? Explain.

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