Which explains how regulatory agencies compare with cabinet agencies such as the Departments of Commerce and the Treasury? Regulatory agencies promote business and economic growth, while cabinet agencies set rules for businesses and enforce them. Regulatory agencies set rules for businesses and enforce them, while cabinet agencies promote business and economic growth. Regulatory agencies make recommendations for business penalties, while cabinet agencies enforce them and issue penalties. Regulatory agencies make recommendations for business rules, while cabinet agencies enforce them and issue penalties.

The Correct statement is that Regulatory agencies set rules for businesses and enforce them while Cabinet Agencies promote business and economic growth.

What is the work of regulatory agencies?

The term regulatory agency is known to be a kind of independent government body that is often set up though the act of legislature so as to establish a given standards in a any field of activity, or operations.

Conclusively, due to the above, The correct statement that tells how regulatory agencies is compared with cabinet agencies is that Regulatory agencies set rules for businesses and enforce them while Cabinet Agencies promote business and economic growth

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