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Give at least one example that you believe demonstrates when the cost of government actions outweighs the benefits.
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Give at least one example that you believe demonstrates when the cost of government actions outweighs the benefits.

User Dsetton
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Answer: The creation of a government set price for gasoline by ni government.

Step-by-step explanation:

In 1970 president Nixon inteoduced a soft artificial price ceiling on gasoline in the United States. This was as a result of the OPEC crisis of 1970s. It is a good example of scenerios where the cost of government action outweighs the benefits. this was due to the creation of the government-set price which would cause the quantity demanded to be more than the quantity supplied because gasoline was cheaper now.

User Mattos
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