In A Bend in the River , Nobel Prize winner V. S. Naipaul describes a developing country in which the government’s constantly changing tax policies and vague laws regarding property ownership cause entrepreneurs to become demoralized and unresponsive to economic opportunities. Could this be a case of idle or unemployed entrepreneurs? How can tax laws and rules governing property affect entrepreneurs’ willingness to start new businesses or improve existing enterprises?

BuyFind

Exploring Economics

8th Edition
Robert L. Sexton
Publisher: SAGE Publications, Inc
ISBN: 9781544336329
BuyFind

Exploring Economics

8th Edition
Robert L. Sexton
Publisher: SAGE Publications, Inc
ISBN: 9781544336329

Solutions

Chapter
Section
Chapter 3, Problem 8P
Textbook Problem

In A Bend in the River, Nobel Prize winner V. S. Naipaul describes a developing country in which the government’s constantly changing tax policies and vague laws regarding property ownership cause entrepreneurs to become demoralized and unresponsive to economic opportunities. Could this be a case of idle or unemployed entrepreneurs? How can tax laws and rules governing property affect entrepreneurs’ willingness to start new businesses or improve existing enterprises?

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