Steve routinely does landscaping and odd household jobs for friends and neighbours,who pay him "under the table." In which of the following is Steve a participant?
A) the hidden economy
B) the illegal economy
C) the barter economy
D) the underground economy

Question

Quizplus · Accepted Answer

Steve's work and payment arrangements fall under the definition of the underground economy, which includes all economic activities that are intentionally hidden from official authorities to avoid taxes or regulations.

Steve Routinely Does Landscaping and Odd Household Jobs for Friends