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Suggest an economic term for the given statement: Money not accounted for in the bank and not disclosed to the government -________ - Economics

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Question

Suggest an economic term for the given statement:

Money not accounted for in the bank and not disclosed to the government -________

One Word/Term Answer

Solution

Money not accounted for in the bank and not disclosed to the government -Black money

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Types of Money
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Chapter 2: Money - Exercise Q.2 [Page 13]

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Balbharati Economics [English] 11 Standard
Chapter 2 Money
Exercise Q.2 | Q 6 | Page 13

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