Locate a recent article (published within the last year) that discusses either the price ceiling or price floor, and market shortages and surpluses of a good or service from your selected country at a macro level. You can use the newspapers, new stations, or other credible sources to locate an article. Analyze your selected country's good or service and determine whether it has a market shortage or surplus.

Include the following:

• Identify the country and the good or service selected.
• Analyze supply and demand curves.
• Examine the concepts of price ceilings and price floors.
• Explain the causes and predict the effect of changes in demand and supply on the equilibrium price and quantity.
• Differentiate between consumer surplus and producer surplus.
• Discuss whether your selected good or service results in a market surplus or market shortage and explain why.