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Chapter
Stationary State
DOI link for Stationary State
Stationary State
would be paid on capital stock if all capital goods continued to be available at current prices. But current prices would, of course, change. The fall in the rates of rent and of wages which would be caused by the indirect fall in demand for N and L would cause rent- and wage-intensive products
Edition 1st Edition
First Published 1968
Imprint Routledge
Pages 8
eBook ISBN 9780203106594