1816EconomicsMedium
Economists use the term Black Markets for situations where?
Atransactions are not recorded in the GDP figures.
Bgoods are sold at prices above legal or official price.
Cillegal substances are sold
Dbuyers and/or sellers are not paying taxes as they should
Correct answer
B. goods are sold at prices above legal or official price.
Explanation
The correct answer is goods are sold at prices above legal or official price..