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Maria babysits as a form of income while she is in college. Because the amounts she gets per job are not huge, Maria never bothers to report her earnings to the IRS. Maria is part of a loosely defined unregulated market unhindered by taxes, government permits, or human protections. What term did you learn that describes this

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abiolataiwo2015

Based on the information given the terms that describes this is: underground economy.

What is underground economy?

Underground economy can be defined as the way in  which a person hide their income from government or tax authorities so as to avoid remitting their tax to government.

Based on the given given scenario Maria his hidden her income and  never bothers to report her earnings to the IRS because she does not what to pay tax.

Inconclusion the terms that describes this is: underground economy.

Learn more about underground economy here:https://brainly.com/question/9081902

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