Which of the following might be sold in the underground economy?

Question

Quizplus · Accepted Answer

All of these could be sold in the underground economy. The underground economy includes all market-based legal production of goods and services that are deliberately concealed from public authorities to avoid payment of income, value added, or other taxes; to avoid payment of social security contributions; to avoid having to meet certain legal labor market standards, such as minimum wages, maximum working hours, safety standards, etc.; and to avoid complying with administrative procedures, such as completing statistical questionnaires or other administrative forms. Lawn-mowing and babysitting services can be offered on a cash basis without formal business registration or tax payment. Endangered animals, though illegal to trade, can also be sold in the underground economy.

Which of the Following Might Be Sold in the Underground