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Making Sen$e with Paul Solman: Examining the Underground Greek Economy
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool
Paul Solman continues his series on Greece's debt prolems with a look at the country's large underground economy.
Grades:
Concepts:
- Budget
- Budget Deficit
- Choice
- Government Failures/Public-Choice Analysis
- Incentive
Standards:
- Economics 1: Scarcity
- Economics 2: Marginal Cost/Benefit
- Economics 4: Role of Incentives
- Economics 17: Using Cost/Benefit Analysis to Evaluate Govern
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