Exhibit 7-12 
-Refer to Exhibit 7-12. When the price floor is implemented, the price changes to ____ and the output bought by consumers changes to ____.
Definitions:
Interpretation
The act of explaining or defining the meaning of something, especially in the context of laws, texts, and artworks.
Agenda Setting
The process by which the media identifies and selects certain events and topics to emphasize, shaping public perception and influencing what the public considers to be priority issues.
Financial Indiscretions
Actions involving money that are considered imprudent, unethical, or morally questionable.
Congressional Legislation
Laws and statutes enacted by the United States Congress, which consists of the Senate and the House of Representatives.
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