2 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 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 the social security system.) j National testing standards for schools

Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter3: Business Income And Expenses
Section: Chapter Questions
Problem 13MCQ
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2 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 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 the social security system.)
j National testing standards for schools
Transcribed Image Text:2 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 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 the social security system.) j National testing standards for schools
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