The Rate of Interest: And Other EssaysMacmillan, 1952 - 170 páginas |
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Página 80
... supply of finance . A world in which entrepreneurs could borrow without limit at the ruling rate of interest , would be much unlike the world we live in . Unlimited borrowing would be ... capital 80 THE OF GENERALISATION Finance.
... supply of finance . A world in which entrepreneurs could borrow without limit at the ruling rate of interest , would be much unlike the world we live in . Unlimited borrowing would be ... capital 80 THE OF GENERALISATION Finance.
Página 83
... investment is financed by the past savings of the firm which makes it we can speak of the supply of finance in existence at any moment — that is , the sum of uncommitted reserves of firms . When borrowing is possible the supply of potential ...
... investment is financed by the past savings of the firm which makes it we can speak of the supply of finance in existence at any moment — that is , the sum of uncommitted reserves of firms . When borrowing is possible the supply of potential ...
Página 86
... supply of finance , and so , indirectly , upon the rate of investment . The price at which finance can be obtained is related to the yield at ruling market prices on securities comparable with those to be issued by way of the new loans ...
... supply of finance , and so , indirectly , upon the rate of investment . The price at which finance can be obtained is related to the yield at ruling market prices on securities comparable with those to be issued by way of the new loans ...
Conteúdo
INTRODUCTION THE RATE OF INTEREST | 1 |
Changes in the Quantity of Money and | 3 |
Expectations | 5 |
Direitos autorais | |
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Termos e frases comuns
acceleration principle Alpha amortisation amount analysis argument available labour bill rate bond rate boom borrowing capital cost capital per unit capitalist commodities constant consumption demand for money economy effective demand entrepreneurs expanding expectations factors of production fall firms full employment future given rate Harrod increment industry influence innovations interest rates investment plans Kalecki Keynes labour cost liquidity preference long rate ment money wages national income normal normal profits output per man-hour owners of wealth period plant proportion quantity of money raise rate of accumulation rate of exploitation rate of growth rate of interest rate of investment rate of output rate of profit ratio real wage reduces rentier rise Rosa Luxemburg short rate slump steady stock of capital supply of finance suppose technical progress technique terms of product Theory 21 tion unchanged unit of output wage rates wage units wheat workers