A market in which a price-controlled good is sold at an illegally high price is known as A) a ...

Author Question: A market in which a price-controlled good is sold at an illegally high price is known as A) a ... (Read 36 times)

hbsimmons88

Hero Member
Posts: 526

on: Jun 29, 2018

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

Reply #1 on: Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

A

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