Which of the following jobs most closely illustrates the informal economy?
A)a used-book vendor on the streets of New York City
B)a secretary at a multinational paper-manufacturing company
C)a sociology professor
D)unionized garbage workers in the northeastern United States
E)Wal-Mart employees

Question

Quizplus · Accepted Answer

A used-book vendor on the streets of New York City is a prime example of the informal economy, as it involves an individual operating outside of formal employment structures and often without government oversight or taxation.

Which of the Following Jobs Most Closely Illustrates the Informal