Exploring Macroeconomics
8th Edition
ISBN: 9781544337722
Author: Robert L. Sexton
Publisher: SAGE Publications, Inc
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Chapter 3, Problem 8P
To determine
To explain:
Whether the changing tax policies and vague laws demoralizing the entrepreneurs is a case of idle or
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Does technological innovation create unemployment?
entrepreneurs are
In order to prosper, entrepreneurs must
O undertake projects that create wealth and increase the value of
resources.
find ways to prevent technological change.
have their own wealth with which to finance projects that they want
to undertake.
undertake projects that use resources that are more valuable than is
the output they produce.
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