The size of underground economies differs across countries.In Greece it has been estimated to be as big as 30% of GDP, in Spain 25%, in Italy 20%, and in the United States, about 7%.Given this information, official GDP measures understate true economic activity the most in:

Question

Quizplus · Accepted Answer

Greece has the largest underground economy at 30% of GDP, indicating that its official GDP measures understate true economic activity the most compared to the other countries listed.

The Size of Underground Economies Differs Across Countries