Question Description
I’m working on a economics project and need support to help me study.
Step 2:
Create a graph to show the effect (shortage or surplus) of the government regulation you chose. Discuss why these issues do or do not affect your claim. Include the appropriate labels for your graph such as:
- price
- quantity
- supply
- demand
- surplus or shortage
Write a persuasive argument as an essay or blog entry to address your topic. Use a minimum of 400 words. State your claim clearly with details from reliable sources. Be sure to include:
- Your claim on the topic question
- Three strong arguments that support your claim
- At least one argument that opposes your claim, and how you challenge it
- Economic terms from the lesson such as price controls, equilibrium price, shortage, and surplus