What people are saying - Write a review
We haven't found any reviews in the usual places.
VTII Professor Hayeks Prices and Production
1 other sections not shown
Other editions - View all
absorb cash absorption of cash acceleration principle accumulation active investment additional amount assumed bank advances bank rate borrowing buying capital equipment capital outlay capital raised cash balances cash resources cause cent circulating capital commodity cost cost-saving capacity dealers deepening process deflation demand for labour depreciation allowance depression diminished disposals economic effect equal equilibrium exceeds excess expansion factors of production fall flotations fluctuations foreign exchange market full employment Harrod idle balances income increment industries input instrument intermediate demand interval investment market Keynes Keynes's liquidity preference long-term rate marginal efficiency marginal yield ment monetary normal profit output period of process period of production price level Professor Hayek profit proportion prospective purchase rate of interest reduced reinvested release of cash rise of prices saving selling short-term rate speculative motive stages stocks sumers supply tendency theory tion trade cycle traders vicious circle wage-goods widening of capital widening process