• Discuss a particular good or service that has experienced a significant price increase (positive percent change) or price decrease (negative percent change) over the last year in USA. Explain whether the price change has been caused by a change in the demand or supply (or both) of the good or service and how the change or changes have affected the equilibrium price and quantity of the good or service based on the economic theory.
• Find a news article from a reputable source that relates to part 1 of the discussion. Briefly summarize the article and provide the link.