In the United States, the size of the underground economy is estimated to be as much as $2 trillion.

Question

Quizplus · Accepted Answer

The underground economy, also known as the shadow or informal economy, encompasses all market-based legal production of goods and services that are deliberately concealed from public authorities. In the United States, various estimates suggest that the size of the underground economy could indeed be up to $2 trillion, accounting for a significant portion of the GDP. This includes activities not reported to the tax authority or included in the gross national product, ranging from under-the-table work to illegal activities.

In the United States, the Size of the Underground Economy