Customer Service Chat
Get quote & make Payment
What is black economy, economics, Microeconomics
Defining black economy,
If you pay your cleaner or builder in cash or for some reason neglect to tell the taxman which you were paid for a service rendered, you participate in the black or underground economy. Such kind of transaction transactions do not normally demonstrate up in the figures for GDP, so the black economy may mean which a country is much richer where the official data suggest. In the United States & the UK, the black economy includes an estimated 5-10% to GDP, in Italy, it may add 30%. In Russia, the late 1990s estimates of the black economy ranged as high as 50% of GDP.
Posted Date: 2/4/2012 12:09:17 AM | Location : United States
Ask an Expert
What is black economy, economics, Assignment Help, Ask Question on What is black economy, economics, Get Answer, Expert's Help, What is black economy, economics Discussions
Write discussion on What is black economy, economics
Your posts are moderated
Write your message here..
What is the price elasticity of demand for electricity, 1. On Wednesday the...
1. On Wednesday the 16 th , 2008 an enormous avalanche knocked out the lines that transmitted electricity from a hydroelectric dam to Juneau, Alaska. This eliminated Juneau's prima
Test, how much for taking a test
how much for taking a test
What is the difference between gdp and gnp, What is the difference between ...
What is the difference between GDP and GNP? Gross domestic product (GDP) is the value of the total final output formed inside a country, during a given year. GDP, like all mea
Walrasion equilibrium.., # ?????? ..
# ?????? ..
Determinants of short run cost, Determinants of Short Run Cost - The re...
Determinants of Short Run Cost - The relationship among the production function and cost can be exemplified by either increasing returns and cost or decreasing returns and cost
#titleGMP, WHAT IA GMP
WHAT IA GMP
Land, explain land as a part of the four factors of production
explain land as a part of the four factors of production
Marketing economies, Marketing Economies: These are derived from the ...
Marketing Economies: These are derived from the bulk purchasing of inputs and bulk distribution of outputs. A large firm is able to buy its raw materials in larger quantities
Lending capacity of cash, Assume the banking system contains: Total Rese...
Assume the banking system contains: Total Reserves $ 80 billion Transactions Deposited $800 billion Cash held by public $1
#title.inflation., inflation wide equality while deflation narrow it down d...
inflation wide equality while deflation narrow it down due in aggree distify we answer with algement?
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Terms & Conditions
Copyright by ExpertsMind IT Educational Pvt. Ltd.