Question

The existence of the underground economy causes gross domestic product (gdp) statistics to _____

Answer 1

The existence of the underground economy causes gross domestic product (gdp) statistics to understate the true volume of economic activity.  An underground economy unrecorded and untaxed economic activity by the government. An underground economic is also known as the black market. Gross domestic product also know as GDP is the total value of goods and services provided in a country during one year.