Respond to the following statements in a 3-5 page paper.

a. In Canada, citizens do not pay for health care. Health care is free. If the United States would adopt the same concept for its citizens, what impact would it have on the country and economy?

b. In your town, suppose that college students convinced the town council to enact a law setting the maximum price for rent at $350 per month. Describe the pros and cons to this new law with
respect to the town and the college. Be sure to include in your answer price ceiling and black markets.

c. Identify and describe what factors prevent markets from meeting conditions for ideal economic efficiency.