Author Question: A market in which a price-controlled good is sold at an illegally high price is known as A) a ... (Read 39 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
A market in which a price-controlled good is sold at an illegally high price is known as
 
  A) a flooring market.
  B) a ceiling market.
  C) a black market.
  D) a supermarket.

Question 2

Keynes argued that I. Capitalism did not always lead to full employment. II. Nominal prices were more important than relative prices.
 
  A) I only
  B) II only
  C) Both I and II
  D) Neither I nor II



snackralk

  • Sr. Member
  • ****
  • Posts: 363
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

For a complete list of videos, visit our video library