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Author Question: A market where goods are sold in violation of governmentally-imposed restrictions is a(n) A) ... (Read 86 times)

WhattoUnderstand

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on: Jun 29, 2018
A market where goods are sold in violation of governmentally-imposed restrictions is a(n)
 
  A) black market.
  B) export market.
  C) rent-seeking market.
  D) deadweight market.

Question 2

The shifts of the short-run and long-run Phillips curves in the figure above are the result of
 
  A) an increase in the expected inflation rate.
  B) an increase in the natural unemployment rate.
  C) a decrease in the natural unemployment rate.
  D) an increase in the actual inflation rate.
  E) a decrease in the expected inflation rate.


deja

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

A

Answer to Question 2

B


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WhattoUnderstand

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Reply #2 on: Jun 29, 2018
Thank you :)


deja

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Reply #3 on: Jun 29, 2018
Happy to help you


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