This topic contains a solution. Click here to go to the answer

Author Question: The unreported or illegal production of goods and services in the economy that is not counted in GDP ... (Read 93 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
The unreported or illegal production of goods and services in the economy that is not counted in GDP is termed:
 a. money laundering.
  b. the underground economy.
  c. disposable personal income.
  d. indirect national income.
  e. unreported capital consumption.

Question 2

Which of the following activities would be calculated as part of GDP accounts?
 a. Drug trafficking.
  b. Money laundry.
  c. Prostitution.
  d. Purchasing plastic surgery.
  e. Burglary.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ntsoane kedibone

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

b

Answer to Question 2

d




RYAN BANYAN

  • Member
  • Posts: 563
Reply 2 on: Jun 30, 2018
Wow, this really help


frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

For a complete list of videos, visit our video library