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The Epic Interactive Encyclopedia 1998
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Epic Interactive Encyclopedia, The - 1998 Edition (1998)(Epic Marketing).iso
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B
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Black_economy
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INFOTEXT
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1992-09-03
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313b
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9 lines
Unofficial economy of a country, which
includes undeclared earnings from a second
job (`moonlighting'), and enjoyment of
undervalued goods and services (such as
company `perks'), designed for tax evasion
purposes. In industrialized countries, it has
been estimated to equal about 10% of gross
domestic product.