For each program listed below, discuss what market failure might be (or are) used as a partial rationale
a) Automobile safety belt requirements
b) Regulations on automobile pollution
c) National Defense
d) Unemployment compensation
e) Medicare (medical care for the aged)
f) Medicaid (medical care for the indigent)
g) Federally Deposit Insurance Corporation
h) Federally insured mortgages
i) Law requiring lenders to disclose the true rate of interest they are charging on loans (truth-in-lending laws)
j) National Weather Service
k) Urban renewal
l) Post Office
m) Government prohibition of the use of narcotics
n) Rent control