Monday, February 15, 2016

What is "underground production"? Is it included in GDP?



What is "underground production"? Is it included in GDP?

#Parkin #11edition #GDP #Chapter21

1 comment:

  1. Answer: Underground production is the production of goods and services that remain hidden from the government. Underground production includes the production of illegal goods and services and the production of legal goods and services but in a way that avoids taxes or regulations. Underground production is not included in GDP.

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