Question

What example is cited in the essay about
turning black money into 'white' or the
legal economy?​

Answer 1

Answer:

prime members are you and you will have recieved a lot more information about the

Answer 2

Answer:

People that have a huge amount of unannounced money, use it to bribe officials and escape penalties.

Explanation:

In the essay, 'Turning black money into white', the example stated is someone who illegally evades taxation. People that have a huge amount of unannounced money, use it to bribe officials and escape penalties. There is a grave need to remove such existent loopholes in present laws and also to make and apply new stricter laws. Another most popular way of converting black into white money is showing income in cash, like tuition income or any other professional fees.

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