Which statement is TRUE regarding a country with a very large informal economy? The burden of taxes is spread less evenly among the population. Its official GDP measure is larger than what it would normally be. Those working in the informal economy do not contribute to national economic activity. There is generally less corruption and crime in the country.

Which statement is TRUE regarding a country with a very large informal economy? The burden of taxes is spread less evenly among the population. Its official GDP measure is larger than what it would normally be. Those working in the informal economy do not contribute to national economic activity. There is generally less corruption and crime in the country.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Gross Domestic Product

Section: Chapter Questions

Problem 7SQ

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