Economic Policy: Principles and DesignNorth Holland Publishing Company, 1956 - 276 páginas |
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Página 40
... represent the behaviour of the economy during short - term movements . The two relations represent , to put it briefly , the income formation and the income spending equation . The first says that , in a closed economy , income ...
... represent the behaviour of the economy during short - term movements . The two relations represent , to put it briefly , the income formation and the income spending equation . The first says that , in a closed economy , income ...
Página 265
... represent those who save part of their income , is assumed to vary from project to project . Υ + ΣΥΛ + ΣΚΟ = ξ Р ( 5 ) ... represents the autonomous component in export demand . S = σ1 ( Z0 + Σ Z ^ — Ta ) + σ2 T ( 7 ) Private savings ...
... represent those who save part of their income , is assumed to vary from project to project . Υ + ΣΥΛ + ΣΚΟ = ξ Р ( 5 ) ... represents the autonomous component in export demand . S = σ1 ( Z0 + Σ Z ^ — Ta ) + σ2 T ( 7 ) Private savings ...
Página 266
... represent the contributions to national income of the rest of the economy and each of the projects , respectively ... represents the discounted value , at middle of time period 1 , of all future contributions of project h to ...
... represent the contributions to national income of the rest of the economy and each of the projects , respectively ... represents the discounted value , at middle of time period 1 , of all future contributions of project h to ...
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