The "underground economy" refers to
A) the formal sector of the economy in developing countries.
B) the production of goods and services used by the government for covert spy operations.
C) the sector of the economy that earns profits that are higher than average.
D) the buying and selling of goods that is concealed from the government.
D
Economics
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Critically evaluate the following statement: "People in developing countries are not poor because they have large families. Rather, they have large families because they are poor."
What will be an ideal response?
Economics
An adjustment of central parities in the EMS is called a
A) realignment. B) nominal appreciation or nominal depreciation. C) real appreciation or real depreciation. D) re-coupling. E) re-paritization.
Economics