Multiple Choice
Which of the following is an example of a transaction taking place in the informal economy?
A) a company paying a payroll tax for each employee
B) a government agency offering a contract to the lowest bidder
C) a housekeeper who is paid in cash and does not report her income
D) a small U.S. company outsourcing tech support work to a company in India
Correct Answer:
Verified
Correct Answer:
Verified
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