1. Is the size of the underground economy likely to increase or decrease as the level of...

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1. Is the size of the underground economy likely to increase or decrease as the level of unemployment rises?

2. What impact would you expect a relaxation of immigration controls to have on the size of the underground economy?

3. If the amount of cash used in the economy falls, does this mean that the size of the underground economy must have fallen?

4. How is the size of the underground economy related to the Laffer curve?

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Economics

ISBN: 978-1292187853

10th edition

Authors: John Sloman, Jon Guest, Dean Garratt

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Question Posted: Apr 03, 2019 09:13 AM

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1. Is the size of the underground economy likely to increase or decrease as the level of...

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1 It could rise or fall On the one hand if a certain proportion of unemployed people claim benefit a...View the full answer

Economics

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