If workers in an industry become less productive, we would expect the

Which of the following would be a laissez-faire approach for the government to follow?

a. take control of the nation's airline system b. regulate the allowable emissions of pollutants from electric plants c. remove all regulations on the channels a cable television system must carry d. become more stringent in the type of mergers that receive government approval e. protect dairy-farm owners with a guaranteed minimum price for milk

In which one of the following situations is the political process most likely to result in both the acceptance of efficient (productive) programs and the rejection of inefficient (counterproductive) political activities?

a. The people who benefit from a government program pay the costs of the program roughly in proportion to the benefits that each receives. b. The benefits are highly concentrated, and the costs are widespread among voters. c. The costs are highly concentrated, and the benefits are widespread among voters. d. The benefits accrue primarily in the future, while the costs are more visible during the current period.