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Which of the Following Is NOT Correct About the Informal

Question 41

Multiple Choice

Which of the following is NOT correct about the informal market of Brazil?


A) It is estimated to be as large as 20 percent of the country's GDP.
B) It is estimated to employ as many as 60 million people, all of whom work without benefits or contracts.
C) It is estimated to cost the country as much as $70 billion annually in lost tax revenues.
D) It has grown since the 1960s.
E) The Brazilian government has made few attempts to decrease the size of its informal economy because of political expediency.

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