Maria babysits as a form of income while she is in college.Because the amounts she gets per job are not huge, Maria never bothers to report her earnings to the IRS.Maria is a part of the _____________.
A)Underground economy
B)Under-reported economy
C)Under-earning economy
D)Under-paid economy

Question

Quizplus · Accepted Answer

Maria's failure to report her earnings to the IRS for tax purposes is characteristic of the underground economy, which consists of unreported income from the provision of goods or services.

Maria Babysits as a Form of Income While She Is