Capital + Interest R Matching
The desire of an individual to hold his/her wealth cash form. |
An increase in the use of capital which leaves the ratio of capital to labour unchanged. |
An increase in the use of capital which increases the ratio of capital to labour. |
WMarginal Efficiency of capital |
The extra profit earned as a result of the employment of an extra unit of captial. |
The nominal rate of interest minus the rate of inflation. |
Those goods that give consumers utility and for which they are willing to pay a price. |
Gross investment as a percentage of GNP. |
Those goods used in the production of other goods. |
The rate of interest received by the saver. |
That part of income that is not spent. |
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