The underground economy
A) is measured by government officials through tax returns.
B) is difficult to describe but easy to measure.
C) includes production that uses illegal workers who are paid less than minimum wage.
D) includes mining production.
E) is estimated by the government and the estimate is part of official GDP.
C
Economics
You might also like to view...
Which of the following would cause a shift in the demand curve from point A to point B?
A. a decrease in income (inferior good) B. an increase in the price of a substitute good C. an increase in income (normal good) D. all of the above
Economics
In the above figure, which movement illustrates the impact of a constant price level and a rising money wage rate?
A) E to I B) E to F C) E to J D) E to H
Economics