Economic Policy: Principles and DesignNorth Holland Publishing Company, 1956 - 276 páginas |
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Página 55
... chosen arbitrarily , and the others will then follow . The number of instruments that can be chosen arbitrarily equals the difference between the number of instru- ments and that of targets : it will also be Ch . 3.3 ] 55 PROVISIONAL ...
... chosen arbitrarily , and the others will then follow . The number of instruments that can be chosen arbitrarily equals the difference between the number of instru- ments and that of targets : it will also be Ch . 3.3 ] 55 PROVISIONAL ...
Página 241
... chosen freely ; the others cannot , however . The constant Lo in ( 10 ) can also be chosen arbitrarily but will be limited by general productivity . Substituting the values from ( 17 ) for L , ... Lı we arrive at the income scale : I ...
... chosen freely ; the others cannot , however . The constant Lo in ( 10 ) can also be chosen arbitrarily but will be limited by general productivity . Substituting the values from ( 17 ) for L , ... Lı we arrive at the income scale : I ...
Página 258
... chosen in a way similar to the one followed with model 14 , but slightly different only where the simpler structure of 16 makes this necessary . This refers primarily to the neglect of the difference between home prices and export ...
... chosen in a way similar to the one followed with model 14 , but slightly different only where the simpler structure of 16 makes this necessary . This refers primarily to the neglect of the difference between home prices and export ...
Contenido
The Contribution of Economic Analysis to the Design of Economic | 1 |
Economic Models | 27 |
Regulating the Position within a Given | 48 |
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Términos y frases comunes
accounting prices aims analysis applied assumed autonomous balance of payments boundary conditions capital changes choice chosen coefficients complicated consequences considered countries decisions deficit demand depend discussed distribution economic policy efficiency elasticity elements equal equation example exchange rate export factors of production foreign full employment given government expenditure groups important Income formation inconsistencies increase indicated indirect taxes individual industries influence instrument of economic instrument variables investment labour large number less long-term marginal costs maximum ment monetary equilibrium money flows monopolies national income national product needed obtained open economy optimum organization payments equilibrium perfect competition policy-makers possible price level problem propensity to spend public expenditure qualitative quantitative policy reactions reduction regulation represent sector short-term situation social social welfare functions solution STATIC structure supply target variables tax rate TECHNICAL RELATIONS values wage rates welfare function