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products and income that are not reported as income to the government
Wiki User
∙ 9y ago
Wiki User
∙ 10y agoProduction and income not reportedas income to the goverment.
(by Solomon Zelman)
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Impormal na sektor?
black market underground economy
GDP understates the value of output produced by an economy because it?
excludes value added from the underground economy, such as tips taken "under the table.
What does the idiom 'underground economy' mean?
The part of a country's economic activity that is unrecorded and untaxed by its government.
What is the approximate percentage of GDP in the United states that goes unreported because of the underground economy?
15%
What are the four main limitations of GDP accuracy?
nonmarket activities, underground economy, negative externalities, and quality of life
Baby sitting regularly for a neighbor for pay is considered as what kind of economy?
Underground economy.
What is meant by the U S underground economy?
That the economy is doing bad it's going down
Impormal na sektor?
black market underground economy
What are the release dates for Men at Work Voices from Detroit's Underground Economy - 2012?
Men at Work Voices from Detroit's Underground Economy - 2012 was released on: USA: 6 May 2012 (Workers Unite Film Festival)
GDP understates the value of output produced by an economy because it?
excludes value added from the underground economy, such as tips taken "under the table.
What is the approximate percentage of GDP in the United states that goes unreported because of the underground economy?
15%
What does the idiom 'underground economy' mean?
The part of a country's economic activity that is unrecorded and untaxed by its government.
How the underground railway affected Canada?
There was a huge impact of underground rail road on Canadian economy as it improved transportation. As for the African Canadians this was used to promote slavery which affected them directly.
What is mafia and its relationship to underground economy?
nag siling c mam mangita sa internet haw?
Why did Underground get cancelled?
It may have been cancelled because the economy was not doing well, and the show costed to much.
What does the railroad have to do with the under ground railroad?
The underground railroad was not a real railroad but a secret (i.e. "underground," similar to the underground economy) network of abolitionists who escorted slaves to Canada. The related Wikipedia link lists several railway terms which the participants reused.
What are the four main limitations of GDP accuracy?
nonmarket activities, underground economy, negative externalities, and quality of life
