Why does corruption negatively affect economic growth and standards of living? Why is corruption like a tax

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Why does corruption negatively affect economic growth and standards of living? Why is corruption like a tax on doing business?

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Managerial Economics Markets and the Firm

ISBN: 978-0618988624

2nd edition

Authors: William Boyes

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Question Posted: Sep 27, 2014 06:12 AM

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Why does corruption negatively affect economic growth and standards of living? Why is corruption like a tax

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Corruption is the making of a covert payment to those in power ...View the full answer

Managerial Economics Markets and the Firm

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