1. What would be the effect on underground-market prices of a rise in the official price? 2....

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1. What would be the effect on underground-market prices of a rise in the official price?

2. Will a system of low official prices plus an underground market be more equitable or less equitable than a system of free markets?

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Related Book For  answer-question

Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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