The Role of Measurement in Economics

abroad accounting identities activity adding activity consumption activity production adding to wealth amount demanded analysis arises asset formation assumption autoregressive behaviour behaviouristic British economy coefficients commodity consumers consumption and adding correlation current expenditure DEMAND ANALYSES determining variables diagram DIFFERENT SUBSETS AMERICAN econometric Econometrica economic activity economist elements equal equations equivalence classes estimates example expected value fact factors of production flows form of activity formation at home forms of economic given important income elasticities index numbers indirect taxes individual introduced J. R. Hicks linear margarine market demand means measure national income net domestic product Neumann's ratio obtained operating accounts parameters period point of view postulates practical predictions problem quantity Regression relation relationships residual trend Royal Statistical Society saving significant social accounting standard error SUBSETS AMERICAN DATA substitution elasticities Table testing theorems tion United Kingdom X₁ zero