Which of the Following Would Be Considered Part of the Underground

question 142

Multiple Choice

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

• A)Selling subway tokens
• B)Tax evasion
• C)Personal disposable income
• D)Selling alcohol and cigarettes
• E)Paying by credit card to avoid writing a check

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Definitions:

Establishment Survey

A statistical survey that collects data from businesses or establishments, often used to gather employment and economic activity information.

Structural Unemployment

Unemployment resulting from industrial restructuring, leading to a mismatch between jobs available and the skills of the workforce.

Labor Supplied Exceeding

A situation where the quantity of labor offered by workers exceeds the quantity demanded by employers.

Structural Unemployment

Occurs when there is a mismatch between the skills that workers offer and the skills demanded by employers, often due to technological changes or shifts in the economy.