Which of the following is NOT true about the Food and Drug Administration?
A) It has the responsibility to ascertain the safety and effectiveness of new drugs before approving them for marketing in America.
B) It has broad regulatory powers over the manufacturing, contents, marketing, and labeling of food and drugs.
C) It has the regulatory power to cap the retail prices of food and drugs and prevent profiteering by food and drug companies.
D) Recent budget cuts have left it overburdened and seriously understaffed.
E) All of these are true.
Answer: C
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