What is the difference between black market and gray market activities?
A) Neither are included in GDP, but black market items are illegal and gray market items are legal.
B) Neither are included in GDP, but gray market items are illegal and black market items are legal.
C) Black market items are not counted in GDP, but gray market items are.
D) Both are included in GDP, but black market items are illegal and gray market items are legal.
Correct Answer:
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