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Titlebook: Economic Dynamics; Roy Harrod Book 1973 Palgrave Macmillan, a division of Macmillan Publishers Limited 1973 dynamics.economic dynamics.eco

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https://doi.org/10.1007/3-7643-7918-9ed saving is equal to required investment. If one plotted various growth rates along the horizontal axis and desired saving and required investment on the vertical axis, one would get two upward-sloping curves with investment rising above saving at the point of intersection. The reason for this is t
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https://doi.org/10.1007/978-3-531-90883-0ere convertible, gold or silver would flow in or out and make up the difference between the plusses and minuses of international payments, when these were not in balance. These flows operated on the domestic price level by changing the size of the internal money supply. An outward flow would depress
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Austauschbare Einzelteile im Maschinenbauot a proposition of universal validity. For instance, in certain years there have been net inflows of capital into the U.S.A., the best endowed of all countries. And the distribution of outflowing capital is not always in favour of the most needy; for instance there has been a recent tendency for mo
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LB 024 Fliesen- und Plattenarbeiten,It seems appropriate to take over from mechanics the dichotomy of statics and dynamics. The word statics has already been familiarly used with reference to one part of economics; dynamics less so.1 It is often used in a way that does not correspond to the dichotomy of mechanics.
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Aufzüge, Standard-LeistungsbeschreibungenIt is needful to open this chapter by some rather trite remarks. This is because there have been references in the writings of distinguished economists to the‘Harrod knife-edge’. Nothing that I have ever written (or said) justifies this description of my view.
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LB 021 Dachabdichtungsarbeiten,The capital-output ratio is an expression increasingly used in economic literature, but not always unambiguously. The provision of a precise definition is not an altogether easy task. One may approach it by first considering the kindred concept of the capital-labour ratio.
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Aussendung und Empfang elektrischer WellenThe classical theory of interest is that it is the price that equates the supply of capital to the demand for it. For greater precision one should substitute for‘capital’ above the term‘capital disposal’, retaining the word‘capital’ to describe physical objects in which inputs have been embodied with a view to future outputs, as already explained.
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The Need for a Dynamic Economics,It seems appropriate to take over from mechanics the dichotomy of statics and dynamics. The word statics has already been familiarly used with reference to one part of economics; dynamics less so.1 It is often used in a way that does not correspond to the dichotomy of mechanics.
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