Principles of Political Economy: The controlled economyAllen and Unwin, 1965 |
Obsah
Uncertainty Friction and Disequilibrium | 3 |
Environment Expectations Decisions | 11 |
Identity Technological and Behavioural | 23 |
Autorská práva | |
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a.m. on day amount annum assets assume beginning of day bills and bonds budget cause central bank chapter citizens commercial banks consider consumers consumption contingency cost day after tomorrow decisions depend effect environmental paths environmental uncertainties equation equilibrium level example excess exogenous expected expenditure expressed fact Figure fiscal policy forecast forward contracts forward markets forward prices given Growing Economy increase indicative plan individual inflation influence inputs inside events interest rates investment issued labour market liquid m₁ marginal utility monetary monetary policy money prices money wage rates national debt optimum output particular perfect competition point 12 possible private sector profit proportional purchase rate of interest rate of rise reduce relationships represent result short-term social welfare social welfare function sunshades supply Suppose time-path tomorrow total demand umbrellas unemployment percentage variables various weather workers