Which of the following will lead to GDP underestimating our true output?
A) Mary begins a catering business.
B) James begins drawing Social Security benefits upon his retirement.
C) David accepts a position as a software specialist at Microsoft.
D) Gretchen begins an accounting and bookkeeping service in her home, accepting cash as payment, which is not reported to tax authorities.
E) None of the above.
Correct Answer:
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