For each of the following programs, identify one or more unintended consequences: a. Rent control b. Minimum

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For each of the following programs, identify one or more "unintended" consequences:
a. Rent 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 55 miles an hour to save 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 the Social Security system.)
j. National testing standards for schools

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Economics Of The Public Sector

ISBN: 9780393925227

4th Edition

Authors: Joseph E. Stiglitz, Jay K. Rosengard

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