The Untaxed,unregulated,and Unprotected Sector of the Economy Is Known as the ________

question 18

Multiple Choice

The untaxed,unregulated,and unprotected sector of the economy is known as the ________ economy.

• A) unrestricted
• B) informal
• C) private
• D) devolved

---

Definitions:

Health Insurance

is a type of insurance coverage that pays for an individual's medical and surgical expenses or reimburses losses from illness or injury.

Government Insurance

Protection or coverage provided by a governmental entity as opposed to private insurance companies, often for health, employment, or social welfare purposes.

Health Insurance Coverage

A contract between an individual or employer and an insurance company to cover part or all of the healthcare expenses incurred by the insured.

Health Care Spending

The total amount of money spent on medical services, medications, and other health-related products and services.