Which of the following is a part of the underground economy?
A) tips reported by a waitress
B) a barber giving a person a haircut in exchange for a meal
C) income earned through selling shares of stock
D) the portion of a professional athlete's salary that exceeds his opportunity cost
E) donations received by a local church in its collection plate on Sunday morning
Correct Answer:
Verified
Q92: Filing a fraudulent income tax return that
Q153: _ bestowed by government draw some people
Q154: Government bureaus _
A)have less incentive to improve
Q155: A tax on productive activity tends to
Q156: "Voting with feet" describes _
A)voters leaving a
Q157: _ are the true owners of government
Q159: Raising tax rates _
A)provides an added incentive
Q161: To purchase goods and services,governments prefer dealing
Q162: What are governments using when they produce
Q163: The basic difference between government bureaus and
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