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-A Black Market May Occur When

Question 292

Multiple Choice

  -A black market may occur when A)  the government imposes a price floor below the market clearing price. B)  the government imposes a price ceiling below the market clearing price. C)  the government imposes a price ceiling above the market clearing price. D)  the government does not impose either a price ceiling or a price floor.
-A black market may occur when


A) the government imposes a price floor below the market clearing price.
B) the government imposes a price ceiling below the market clearing price.
C) the government imposes a price ceiling above the market clearing price.
D) the government does not impose either a price ceiling or a price floor.

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