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Locate a recent article or event (published within the last year) that highlights Macroeconomics and the Problem of Poverty. . Use the Hunt Library, newspapers,
Locate a recent article or event (published within the last year) that highlights Macroeconomics and the Problem of Poverty.
. Use the Hunt Library, newspapers, new stations, or other credible sources to discuss how your topic aligns with macroeconomics. Include the following in yourdocument.
- State the article or event selected.
- Identify the equilibrium price and quantity for your chosen country and/or international firm's goods.
- Describe the differences between an effective price ceiling and an effective price floor.
- State whether your chosen country or international firm experiences a price ceiling or price floor and why.
- Explain whether your firm has been able to reap the benefits from additional consumer surplus and why.
- Identify the market equilibrium on price and quantity for your chosen country or international firm.
- Analyze the relevance to real-life applications.
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