The many goods and services that are sold below the radar, outside of official records take place in the:
A) underground economy.
B) soft market.
C) illegal economy.
D) None of these statements is true.

Question

Quizplus · Accepted Answer

The term commonly used to refer to these activities is the underground economy. It refers to unreported legal economic activities and illegal activities such as drug trafficking and prostitution. The soft market is not a commonly used term in economics and there is no specific definition for it. The illegal economy typically refers only to illegal activities.

The Many Goods and Services That Are Sold Below the Radar