Not enough or too much; it’s a delicate balance.
In this activity, you will select a country and explore the concepts of price ceiling and price floors and market shortages and surpluses.
Locate a recent article (published within the last year) that discusses either the price ceiling or price floor, and market shortages and surpluses of a good or service from your selected country at a macro level. You can use the Hunt Library, newspapers, news stations, or other credible sources to locate an article. Analyze your selected country’s good or service and determine whether it has a market shortage or surplus.
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