Recent estimates put the size of the underground economy in the United States at ________ of measured GDP

A) 2 percent B) 8 percent C) 13 percent D) over 50 percent

B

Economics

You might also like to view...

A person quits her job in order to spend time looking for a better-paying job. This type of unemployment is an example of

A) frictional unemployment. B) cyclical unemployment. C) seasonal unemployment. D) structural unemployment.

Economics

Given a supply curve that is positively sloped and a demand curve for a normal good that is negatively sloped, an increase in income will most likely result in:

A) an increase in price and quantity. B) a decrease in price and an increase in quantity. C) a decrease in both price and quantity. D) an increase in price and a decrease in quantity.

Economics