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Foundations of Macroeconomic Dynamicsonomic models, a branch of economic theory which, by aggregating all commodities in a very limited number, usually two, one commodity and the labour, can be applied to analyse the main dynamic properties of an economy, such as growth and cycles. These somewhat elementary observations are intended as justification for this monograph.

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Inositol Polyphosphates and Kinasessimplest case to consider in the analysis of macro models, for all types of production functions, is constant returns to scale, i.e. multiplying all inputs by a positive constant, thus keeping the ratios among all inputs unchanged, results in an output multiplied by the same constant.

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https://doi.org/10.1007/978-3-642-87365-2ositive values of . and ., where . is the rate of growth of the population and . is the starting population. It is obvious that the form of the labour supply curve is of the same type as in the case of no growth, but for the upper asymptote, which increases as time passes, the asymptotes being measured by the values taken by ..

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