A black market is also known as a(n) ________ economy. A) open ...

[bobypop]

A black market is also known as a(n) ________ economy.
 
  A) open
  B) closed
  C) underground
  D) emerging

Question 2

The government passes a law which doubles the wages of all workers. Aggregate supply will ________, and real GDP will ________, and the price level will ________.
 
  A) increase; remain the same; increase.
  B) remain the same; increase; increase.
  C) increase; increase; remain the same.
  D) decrease; increase; increase.
  E) decrease; decrease; increase.

[memslove]

Answer to Question 1

C

Answer to Question 2

E

[bobypop]

YES! Correct, THANKS for helping me on my review

[debra928]

Thanks for the timely response, appreciate it