Transactions outside the sphere of regular employment, sometimes involving the exchange of cash for services but often involving direct exchange of goods or services, are said to make up the:

Question

Quizplus · Accepted Answer

Transactions outside of regular employment without any legal regulation or protection from the government are considered part of the informal economy. These transactions often occur in cash, and it is difficult to measure the size of the informal economy because many activities are not reported or taxed.

Transactions Outside the Sphere of Regular Employment, Sometimes Involving the Exchange