What is included in the underground economy?
A)only illegal sources of unreported income
B)both legal and illegal sources of reported income
C)both legal and illegal sources of unreported income
D)payments that are reported to the government

Question

Quizplus · Accepted Answer

The underground economy includes both legal and illegal sources of unreported income. This can include cash transactions, bartering, and other forms of payment that are not reported to the government. It is important to note that not all unreported income is illegal, as some individuals may choose to operate outside of the formal economy for various reasons.

What Is Included in the Underground Economy