Question

All government regulation and taxation have as cost that businesses and everyday Americans absorb in order to improve the safety of products or working conditions

Answer 1

Regulatory cost or Cost of regulation

Step-by-step explanation:

Regulatory cost refers to an additional expense outside the original budget that incurred when the government tried to implement their programs.

For example, When government employees made a mistake in recording a certain event, the department need to pay additional hours to another employees in order to fix the mistake. This additional hours is a small example of Regulatory Cost.