If you were to visit a home improvement store or hardware store, you are likely to see several people (usually men) in the parking lot offering to help with home improvement labor. This is an example of the informal economy because:

Question

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The informal economy is characterized by economic activities that are not regulated by the government or recorded in official statistics. People offering their labor services in a home improvement store parking lot are not likely to have official contracts or be registered with the government as workers. Thus, this is an example of the informal economy. B, C, and D are not necessarily true and cannot be generalized for every situation of informal economy labor.

If You Were to Visit a Home Improvement Store or Hardware