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Author Question: The unreported or illegal production of goods and services in the economy that is not counted in GDP ... (Read 88 times)

RYAN BANYAN

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on: Jun 30, 2018
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.


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ntsoane kedibone

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


RYAN BANYAN

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  • Posts: 563
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

komodo7

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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