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Which of the Following Is True About Underground Economies

Question 134

Multiple Choice

Which of the following is true about underground economies?


A) ​Underground economies represent a greater percentage of GDP in developing countries than in developed countries.
B) ​Higher taxation and labor regulation are reasons why we see more underground activities.
C) ​The underground economy includes legal activities that are concealed for the purpose of tax evasion.
D) ​all of the above

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