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Underground Economy

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Does the economic activity that takes place in the Underground Economy have any impact upon any Economic Indicator(s)?

If so name three Economic Indicators that are affected by activity in the Underground Economy and how they are affected.

If not then briefly state your reason(s) why there is no impact.

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Solution Summary

The economic activity that takes place in the Underground Economy are determined. Three economic indicators that are affected by activity in the Underground Economy are determined.

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Does the economic activity that takes place in the Underground Economy have any impact upon any Economic Indicator(s)?

Yes, it does have an impact on few economic indicators.

A factory worker has a second job driving an unlicensed taxi at night; a plumber fixes a broken water pipe for a client, gets paid in cash but doesn't declare his earnings to the tax collector; a drug dealer brokers a sale with a prospective customer on a ...

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