Which of the following is likely to be an unreported economic activity?
A) a $25,000 bonus paid to the CEO of a company
B) tips paid to a taxi driver
C) the minimum wage paid to a teenager working at a McDonald's
D) the brokerage fees paid to a broker at Merrill Lynch
E) the purchase of shares of stock in Walgreen's Pharmacy

Question

Quizplus · Accepted Answer

Tips paid to a taxi driver are often not reported as income and therefore considered an unreported economic activity. The other options involve reported income and economic activity.

Which of the Following Is Likely to Be an Unreported