Essay Problem
Using the resources below, the material in your textbook, as well as other sources, write a 1,000 words (minimum) essay in which you carefully explain your opinion on government imposed price controls. In particular, use economic reasoning to address the question of benefits and costs of price controls: who might be helped if by price controls, who might by price controls, what is the overall effect of price controls.
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.