Which of the Following Is NOT Correct About the Informal

question 41

Multiple Choice

Which of the following is NOT correct about the informal market of Brazil?

• A) It is estimated to be as large as 20 percent of the country's GDP.
• B) It is estimated to employ as many as 60 million people, all of whom work without benefits or contracts.
• C) It is estimated to cost the country as much as $70 billion annually in lost tax revenues.
• D) It has grown since the 1960s.
• E) The Brazilian government has made few attempts to decrease the size of its informal economy because of political expediency.

---

Definitions:

Value-Based Pricing

A pricing strategy where the price of a product or service is set based on the perceived value to the customer rather than the cost of production.

Useful Life

The estimated duration of time a fixed asset is expected to be useful and productive for its intended purpose.

Operating Costs

Daily operational costs of a business that do not encompass production-related expenses.

Water Purification System

A system designed to remove contaminants, impurities, and other harmful substances from water, making it safe for drinking and use.