A large underground economy results in an:

A. understated GDP.
B. overstated GDP.
C. understated GDP price index.
D. overstated GDP price index.

A. understated GDP.

Economics

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According to the above table, the value of MPS is

A) 0.9. B) 0.1. C) 0.2. D) increasing as real disposable income rises.

Economics

The long boom ended in

A) 1999. B) 2001. C) 2008. D) 2012.

Economics