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Q: How does a country's informal economy impact a country's gross domestic product?
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What is a informal sector?

The informal sector or informal economy is that part of an economy that is not taxed, monitored by any form of government or included in any gross national product (GNP), unlike the formal economy.


What is an informal sectors?

The informal sector or informal economy is that part of an economy that is not taxed, monitored by any form of government or included in any gross national product (GNP), unlike the formal economy.


What is informal economy?

The Informal Economy is the part of the economy that is not taxed, monitored by any form of government, or included in any Gross National Product (GNP), unlike the formal economy.


What is the term term for the total value of all goods and services produced in a particular economy?

Gross Domestic Product... (:


How do you keep score in an economy?

GDP = Gross Domestic Product


What is a measure of the size of the national economy?

gross domestic product


How do you use gross domestic product in a sentence?

Because the aggregate demand increased in the economy, the gross domestic product increased as well.


What does gross domestic product measure?

Is used to determine health or an economy.


One way to measure the economy's size is the Gross Product?

domestic


What does GDP stand for in market economy?

Gross domestic product (GDP).


What type of economy does US have?

ran by GDP- Gross Domestic product mixed market economymixed market economy


What type of economy does the U.S have?

ran by GDP- Gross Domestic product mixed market economymixed market economy