The Rate of Interest: And Other EssaysMacmillan, 1952 - 170 páginas |
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Página 75
... normal value of the rate of interest ( that is , a normal price of bonds ) , and then , if a short - period situation should arise which ( according to the theory ) required a fall in the rate of interest , the rate of interest would ...
... normal value of the rate of interest ( that is , a normal price of bonds ) , and then , if a short - period situation should arise which ( according to the theory ) required a fall in the rate of interest , the rate of interest would ...
Página 101
... normal . And super - normal thriftiness disappears with super- normal profits . It is therefore impossible to argue from the high short-稽 run marginal propensity to save to a secular rise in thriftiness . Nor is there much force in ...
... normal . And super - normal thriftiness disappears with super- normal profits . It is therefore impossible to argue from the high short-稽 run marginal propensity to save to a secular rise in thriftiness . Nor is there much force in ...
Página 152
... normal , and it requires super - normal profits to call forth an increase in the stock of capital . But if accumulation is normally going on , " normal profits " must mean the level of profits calling forth a normal rate of ...
... normal , and it requires super - normal profits to call forth an increase in the stock of capital . But if accumulation is normally going on , " normal profits " must mean the level of profits calling forth a normal rate of ...
Conteúdo
THE RATE OF INTEREST | 3 |
The Structure of the Market | 5 |
Changes in the Quantity of Money and in Expectations II | 11 |
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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 industry influence innovations interest rates investment plans Kalecki Keynes labour cost liquidity preference long rate ment money wages money-wage rates national income net output 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 tion unchanged unit of output wage rates wage units wheat workers