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The national debt is controlled by a Congressionally mandated debt ceiling. True or False and Explain. State four reasons why a market economy needs public

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The national debt is controlled by a Congressionally mandated debt ceiling. True or False and Explain. State four reasons why a market economy needs public involvement in order to accomplish a more effective allocation of resources Reducing federal spending over the next 30 years will be very easy given the demographics of the United States. True or False and Explain. Illustrate the expected impacts on the allocation of resources if there a a price floor on agmoultural products due to federal policy and if there is a price ceiling on gasoline if the price of oil increases above #20 per barrel. What is commodity egalitarianism: And how does it relate to government involvement in healthcare

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