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For each of the following programs, identify one or more “unintended” consequence:

a. Rental Control

b. Minimum wages

c. Medicare (free hospital care to the aged)

d. Improved highways making suburbs more accessible to the city

e. Forced integration of central-city schools

f. Agricultural price supports

g. Lowering the speed limit to 55miles an hour to save on gasoline

h. Providing health insurance to children who currently are underinsured

i. Banning advertising of cigarettes (Hint : Consider the consequences of increased life spans for social security system)

j. National testing standards for school

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92234489

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