Seminar, Volúmenes13-24R. Thapar, 1960 |
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Página 35
... rise in the price of a commodity induces a rise in the output of that commodity ; and at the same time discourages further increase in its consumption . In other words , such a price rise auto- matically prevents a further price rise ...
... rise in the price of a commodity induces a rise in the output of that commodity ; and at the same time discourages further increase in its consumption . In other words , such a price rise auto- matically prevents a further price rise ...
Página 36
... rising output , which necessarily means by rising money incomes that are the monetary counterpart of this rising volume of production . This would be especially true of an economy of growth , where one looks for a steady rise in the ...
... rising output , which necessarily means by rising money incomes that are the monetary counterpart of this rising volume of production . This would be especially true of an economy of growth , where one looks for a steady rise in the ...
Página 37
... rise in the prices of basic consumption goods . This tendency towards a rise in the prices of basic consumption goods is not only the result of an increase in investment expen- diture . It can also be the result of an increase in the ...
... rise in the prices of basic consumption goods . This tendency towards a rise in the prices of basic consumption goods is not only the result of an increase in investment expen- diture . It can also be the result of an increase in the ...
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