The informal sector can be a significant drag on the economies of developing countries because the firms in the informal sector
A) employ illegal immigrants from other countries.
B) produce goods and services no one wants.
C) sell their goods and services to citizens in other countries.
D) do not pay taxes to the government.
D
Economics
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Which of the following is a method used by government to cope with the situation in which production of a good creates an external benefit?
A) removing property rights B) subsidizing production C) marketable permits D) running a lottery E) imposing Coasian taxes
Economics
From 1860 to 1910, U.S. mobility between social classes and occupations
(a) distracted immigrants. (b) increased the potential migrant's opportunity cost of staying in Europe. (c) attracted immigrants to the U.S. (d) decreased foreign investment in the U.S.
Economics