Which of the following is an example of a black market transaction? annie rents an apartment _____.

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asked Sep 27, 2024 19.6k views

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Amunnelly · Answer 1 · 2024-10-01T21:40:42+0000

Answer: in a rental-controlled city, paying $ 1,000 for an extra set of keys

Explanation:With loose enforcement of a rent ceiling, the black market rent is equal to the minimum price that renters are willing to pay, and this price may exceed this rent ceiling making this a black market transaction.

Which of the following is an example of a black market transaction? annie rents an apartment _____.

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