Which of the following would be considered part of the underground economy?
a. tips reported to the IRS by a waitress
b. a barber giving a person a haircut in exchange for a meal
c. income earned through selling shares of stock
d. the portion of a professional athlete's salary that is economic rent
e. donations received by a local church in their collection plate on Sunday morning
B
You might also like to view...
Exhibit 36-1 Bond FaceValueof Bond Price ofthe Bond Annual CouponPayment A $1,000 $850 $25 B $1,000 $950 $41 C $1,000 $1,100 $52 D $1,000 $1,100 $32 E $1,000 $1,000 $50 Refer to Exhibit 36-1. For which bond is the yield and the coupon rate the same?
A. Bond A B. Bond B C. Bond C D. Bond D E. Bond E
European households wishing to purchase shares of stock in an American company are ________ the foreign exchange market.
A. demanders of Euros in B. suppliers of U.S. dollars in C. demanders of U.S. dollars in D. supplied dollars by the European Central Bank for use in