When the sale of a good is illegal, it is like setting a price ceiling at zero

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Which of the following is a flow variable?

A) consumption B) savings C) wealth D) population

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Loophole mining refers to financial innovation designed to

A) hide transactions from the IRS. B) conceal transactions from the SEC. C) get around regulations. D) conceal transactions from the Treasury Department.

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