English, asked by msjadhav5005, 5 months ago

What do you mean by black money and black economy

Answers

Answered by linap33

Answer:

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Explanation:

In its simplest form, black money is money on which tax is not paid to the government. ... The sellers in both examples have earned money from legal sources but evaded taxes. The most common source of black money is the black market or underground economy.

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