black economy

NOUN
  1. a hidden sector of the economy where private cash transactions go unreported
    no one knows how large the black economy really is
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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.
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