Which of the following best denotes the reason for the existence of substantial black markets?
A. a market-oriented economy
B. a command economy
C. government laws and rules
D. the microeconomy
Answer:B
Which of the following best denotes the reason for the existence of substantial black markets?
A. a market-oriented economy B. a command economy C. government laws and rules D. the microeconomy
Explanation: 8. Which of the following is generally accepted as a valid criticism of the production of useful goods and services?