The size of the underground economy would tend to increase if the government of a country
A) increased income tax rates.
B) decreased government regulations on businesses.
C) legalized prostitution.
D) legalized marijuana.
A
Economics
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What does GDP measure, and what is the formula for calculating GDP using the expenditures approach?
What will be an ideal response?
Economics
Harmonization of standards refers to
A) the elimination of tariffs and quotas by trading partners. B) common product safety, environment, labor, and fair competition standards agreed upon by trading partners. C) the acceptance or keeping of a trading partner's standards as valid and sufficient by another trading partner. D) separate standards held by different trading partners which other partners refuse to recognize. E) All of the above.
Economics