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Grey economy
GREY ECONOMY

Definition: The part of a country's economic activity that is not accounted for in official statistics.
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* All six elements to be in.


1. Deliberate or mistaken, part is

absolutely purposeful and necessary.

2. Whether known or seeming unknown

components are specific and identifiable.

3. Certainly not that taxed or monitored

though it's one measurable and assessable.

4. Private or public activities and doings

definitely real or realistic at the time.

5. Estimated or approximated, predicted

or forecasted, but it's active or on-going.

6. Satisfying and okayed (affordable)

or illegal and regretted (wasteful).
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