The unemployment rate may underestimate the true extent of unemployment if:

Business

1 answer:

son4ous [18]3 years ago

5 0

Answer: c.

Explanation: The unemployment rate may underestimate the true extent of unemployment if there are a large number of people working in the underground economy . While the underground economy also known as the black economy may conjure up images of drug deals and prostitution rings, the term actually has much broader scope. It refers not only to illegal economic activity, but all economic activity that goes unreported to government authorities and consequently, avoids being taxed. one of the primary reasons the underground economy exists is that people are trying to evade taxes. But increased government regulations that can make the cost of doing business higher also create an incentive to avoid reporting certain economic activity to the government. An increase in the number of unemployed increases the number of people who work in the black economy because they have more time. On the other hand, an increase in unemployment implies a decrease in the shadow economy.

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PIT_PIT [208]

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Explanation:

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On the above scenario the services has not been perform, the cost of performance cannot be measured, these and more shows that Jaguar cannot recognize the sum as an income but rather as a deferred income(liabilities) which will later be transferred to income accounts as the necessary conditions for recognition as income are met.

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Kruka [31]

Answer:

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4 years ago

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irina [24]

Answer: c. valid

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vichka [17]

Answer:

The correct answer is personal consumption plus gross private investment plus government spending plus net exports.

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