[SOLVED] Underground Economy in the US

An underground economy exists in the U.S. Please review the “applying the analysis” segment on pages 105-106 regarding the underground economy. There is much debate in certain regions of the U.S. pertaining to the economic impact of legalizing marijuana. Thus, the purpose of assigning the segment is to provide some basis for the ongoing debate. 1. How would decriminalization of drugs instantly increase a nation’s real GDP? 2. In your opinion, why does the U.S. have one of the smallest underground economies? 3. Why is it important for a nation to have a very small underground economy?

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