Select an article in a newspaper or magazine that discusses a government policy on goods or services. Analyze the situation and in 300-600 words:
1. Summarize the article using at least three economic terms and theories covered in class.
2. Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s).
3. Draw a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.
Answer will be sent by email as attachment.
