What impact does money laundering have on the economy? It increases GDP because the criminals tend to

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What impact does money laundering have on the economy?

It increases GDP because the criminals tend to spend the money here.

An insignificant impact except to financial institutions .

It has no impact as the proceeds are not recorded as they are all under the table anyway.

Money laundering reduces GDP growth

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Jan 20, 2024 08:12 AM

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What impact does money laundering have on the economy? It increases GDP because the criminals tend to

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Foundations of Financial Management

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