Problem
Argentines love a sizzling steak, consuming twice as much per capita as U.S. citizens. Thus, when the price of beef started to shoot up, Argentina's President Néstor Kirchner took dramatic action to force down beef prices. (Larry Rohter, "For Argentina's Sizzling Economy, a Cap on Steak Prices," New York Times, April 3, 2006.) He ordered government ministries to cease their purchases, prohibited the export of most cuts of beef, and urged consumers to boycott beef. But beef-loving Argentines, benefiting from higher wages due to a growing economy, largely ignored his call. When these actions failed to lower prices substantially, he turned to "voluntary" price controls ("encouraging" grocery chains and others not to raise prices for extended periods of time). Use graphs to illustrate this sequence of events.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.