Principles and Problems of Modern Economics |
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Page 187
... period of contrac- tion . The panic may often be delayed until contraction has started in many lines of activity ... period 1837 to 1937 there were twelve major cycles of an average duration of 8.33 years . In the eighty - year period ...
... period of contrac- tion . The panic may often be delayed until contraction has started in many lines of activity ... period 1837 to 1937 there were twelve major cycles of an average duration of 8.33 years . In the eighty - year period ...
Page 268
... period , since one - third escaped into saving of various kinds . In the second multiplier period , national income will be only ( % ) $ 10 billion above the level of the time before the original spending took place and so on . At the ...
... period , since one - third escaped into saving of various kinds . In the second multiplier period , national income will be only ( % ) $ 10 billion above the level of the time before the original spending took place and so on . At the ...
Page 813
... period . Of course , every product has a production period , for all production takes time . But in agriculture the production period is quite fixed , and the output usually comes on the market at a particular time of year . Most crops ...
... period . Of course , every product has a production period , for all production takes time . But in agriculture the production period is quite fixed , and the output usually comes on the market at a particular time of year . Most crops ...
Contents
The Development of Modern Economic Problems | 23 |
Economic | 39 |
A Simple Model of the Economy | 53 |
Copyright | |
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Adam Smith agricultural amount areas assets average bank become billion capital commodity consumer consumption corporation cost curve cycle debt demand curve depression diagram discussion dollar economists economy effect efficiency elasticity enterprise equal equilibrium example expenditures exports factor factors of production farmers Federal Reserve Figure firm full employment gold higher important increase indifference curve individual industry inelastic inflation interest rate investment labor large number less manufacturing marginal cost marginal product marginal revenue means ment mercantilists merely monetary monopolistic competition multiplier national income operations organized output payments percent problem profits purchase pure competition quantity ratio real income reduce rent reserve ratios result saving schedule sell situation slope social spending sumer supply and demand supply curve surplus tariff taxes tend theory tion trade union United wages workers