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-A Black Market May Occur When

Question 326

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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