In some countries,the informal economy generates as much as 40% of the GNP.

Name: In some countries,the informal economy generates as much as 40% of the GNP.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

It is true that in some countries, such as India and Nigeria, the informal economy can generate as much as 40% of the Gross National Product (GNP). The informal economy includes activities that are not regulated by the government and do not pay taxes, such as street vending and informal labor.

In Some Countries,the Informal Economy Generates as Much as 40