Author Question: A market in which a price-controlled good is sold at an illegally high price is known as A) a ... (Read 86 times)

hbsimmons88

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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

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Answer to Question 1

C

Answer to Question 2

A



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