Asked by Channce Olivacce on Jul 24, 2024
Verified
How many Americans buy something each year as part of the underground economy?
A) one in five
B) two in five
C) three in five
D) four in five
Underground Economy
Economic activities that are not reported to the government and therefore not taxed or included in official GDP calculations.
Americans
Individuals who are citizens of the United States, encompassing a diverse range of cultural, ethnic, and racial backgrounds.
- Investigate the consequences and underlying reasons for the "war on drugs."
Verified Answer
PV
pamela vigilJul 26, 2024
Final Answer :
D
Explanation :
Four in five Americans participate in the underground economy by purchasing goods or services each year. This high participation rate reflects the widespread nature of informal economic activities beyond the reach of traditional regulatory and tax systems.
Learning Objectives
- Investigate the consequences and underlying reasons for the "war on drugs."
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