Q
Economists use the term Black Markets for situations where ?
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A
A. Goods are sold at prices above legal or official price.
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B
B. Buyers and/or sellers are not paying taxes as they should
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C
C. Illegal substances are sold
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D
D. Transactions are not recorded in the gdp figures.
Correct Answer:
A. A. Goods are sold at prices above legal or official price.