NOUN
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a hidden sector of the economy where private cash transactions go unreported
no one knows how large the black economy really is
How To Use black economy In A Sentence
- I understand that a television programme had set out to expose the ‘black economy’ in selling meat to butchers and restaurants that had been illegally slaughtered.
- If taxes rise simultaneously there is the prospect of a major disincentive effect on output or of growth in the black economy.
- The existence of a black economy is, of course, not confined to the United Kingdom.
- Lower marginal rates would also improve work incentives and shrink the black economy, which is said to be booming.
- But there is no Caesar here, no master of empire, just minor potentates ruling an unstable bipolar turf with its black economy of police snitches and corrupt cops.
- If taxes rise simultaneously there is the prospect of a major disincentive effect on output or of growth in the black economy.
- It leads to the stimulation of a privately run black economy as its crucial lubricant. 5.
- no one knows how large the black economy really is
- Publicly suppressed since the 1920s, these qualities have only survived through the black economy, or through private family oral traditions.
- The growing black economy is beginning to worry the Government.