Which of the Following Would Be Considered Part of the Underground

question 43

Multiple Choice

Which of the following would be considered part of the underground economy?

• A)tips reported to the IRS by a waitress
• B)a barber giving a person a haircut in exchange for a meal
• C)income earned through selling shares of stock
• D)the portion of a professional athlete's salary that is economic rent
• E)donations received by a local church in their collection plate on Sunday morning

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Definitions:

Frederick Herzberg

An American psychologist best known for introducing job enrichment and the Motivator-Hygiene theory, also known as the Two-Factor Theory of motivation.

Maslow's Hierarchy

A psychological health theory based on meeting inherent human needs in order of importance, leading to the ultimate goal of self-actualization.

Physiological Needs

Fundamental human requirements for survival, such as food, water, shelter, and sleep, as identified in Maslow's hierarchy of needs.

Safety Needs

A level in Maslow's hierarchy of needs that entails security, safety, and stability in one’s physical and emotional environment.