Multiple Choice
How does activity in the underground economy affect the value of GDP?
A) GDP statistics understate the true value of underground economic activity.
B) GDP statistics overstate the true value of the underground economy.
C) GDP statistics estimate the value of underground activity but the value is NOT included in GDP reporting.
D) GDP statistics estimate the value of underground activity and the value is included in GDP reporting.
Correct Answer:
Verified
Correct Answer:
Verified
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