The ________ refers to the production and sale of goods and services that are not recorded,either to avoid tax payments or because they are illegal.

Question

Quizplus · Accepted Answer

The term "underground economy" is often used interchangeably with "black market" and "hidden economy," but "underground economy" is the most commonly used term to refer to economic activities that are not reported to the government for taxation or official statistics.

The ________ Refers to the Production and Sale of Goods