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    Principles of Macroeconomics Study Set 16
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    Exam 5: Price Controls
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    Refer to the Accompanying Figure
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Refer to the Accompanying Figure

Question 1

Question 1

Multiple Choice

Refer to the accompanying figure. At what price would there be the LEAST pressure to form a black market? Refer to the accompanying figure. At what price would there be the LEAST pressure to form a black market?   A)  $5 B)  $8 C)  $13 D)  $15 E)  $20


A) $5
B) $8
C) $13
D) $15
E) $20

Correct Answer:

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