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Author Question: A market in which a price-controlled good is sold at an illegally high price is known as A) a ... (Read 75 times)

hbsimmons88

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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

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

C

Answer to Question 2

A


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