If an artisan sells handmade jewelry at a craft fair
A) and does not report the income earned to the Internal Revenue Service, GDP is understated.
B) and does not report the income earned to the Internal Revenue Service, GDP is overstated.
C) and reports the income earned to the Internal Revenue Service, GDP is understated.
D) and reports the income earned to the Internal Revenue Service, GDP is overstated.
Correct Answer:
Verified
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