Question: 4) MULTIPLE CHOICE (identify the one best answer below and explain your reasoning for each option) : The so-called 'grey' or 'underground' economy production is

4) MULTIPLE CHOICE (identify the one best answer below and explain your reasoning for each option)

: The so-called 'grey' or 'underground' economy production is sometimes not included in the GDP calculation because:

a. Many politicians smoke marihuana and do not want us to know about it.

b. Workers like avoiding taxes when paid cash-in-hand.

c. The associated transactions are not recorded so no reliable data exist. d. All of the above

e. None of the above

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