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Author Question: When are black markets likely to arise? A) when the government removes a price floor B) when the ... (Read 135 times)

Jkov05

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on: Jun 29, 2018
When are black markets likely to arise?
 
  A) when the government removes a price floor
  B) when the government enforces a price ceiling
  C) when there is a surplus of a good
  D) when the quantity supplied of a good exceeds the quantity demanded

Question 2

The fastest-growing part of the federal budget is
 
  A) national defense.
  B) payments for services rendered.
  C) entitlements.
  D) government salaries.


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orangecrush

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Jkov05

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Reply 2 on: Jun 29, 2018
Gracias!

ryhom

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Reply 3 on: Yesterday
Excellent

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