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18 Aug 2020
Productive activity in the underground economy:
A. Results in an over statement of actual income and production in the national accounting system.
B. Consists of unrecorded cash transactions.
C. Is estimated and included in the national income accounting system.
D. Poses no problem for the measurement of gross domestic product.
E. Does not affect GDP but is included in the value-added computations.
Productive activity in the underground economy:
A. Results in an over statement of actual income and production in the national accounting system.
B. Consists of unrecorded cash transactions.
C. Is estimated and included in the national income accounting system.
D. Poses no problem for the measurement of gross domestic product.
E. Does not affect GDP but is included in the value-added computations.
Prachi DabasLv10
24 Oct 2020
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