17.0k views
3 votes
Which of the following is an example of an informal economic institution?

a. tipping
b. a credit union
c. a real estate office
d. a savings and loan institution

2 Answers

1 vote
informal eco. is basically anything that is not taxed like having a yard sale, or selling drugs.
so im pretty sure its d.
User Shultz
by
8.4k points
1 vote
A) tipping is an example of an informal economic institution.
User Flamemyst
by
8.2k points
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