Problem
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 your document.
A. State the article or event selected.
B. Identify the equilibrium price and quantity for your chosen country and/or international firm's goods.
C. Describe the differences between an effective price ceiling and an effective price floor.
D. State whether your chosen country or international firm experiences a price ceiling or price floor and why.
E. Explain whether your firm has been able to reap the benefits from additional consumer surplus and why.
F. Identify the market equilibrium on price and quantity for your chosen country or international firm.
G. Analyze the relevance to real-life applications.