The underground economy includes:
a. only illegal sources of unreported income
b. both legal and illegal sources of unreported income.
c. both legal and illegal sources of reported income.
d. payments that are reported to the government.
b
Economics
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One of the consequences of allowing wages to fall in the United States has been growing wage inequality
a. True b. False Indicate whether the statement is true or false
Economics
Frequently, in the short run, the quantity supplied of a good is
a. impossible, or nearly impossible, to measure. b. not very responsive to price changes. c. determined by the quantity demanded of the good. d. determined by psychological forces and other non-economic forces.
Economics