Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2D. Appleton, 1877 |
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Сторінка 139
... yards of cloth exchanged for 15 yards of linen in England , and for 20 in Germany . They will now exchange for the same number of yards of linen in both . For what number ? If for 15 yards , England will be just as she was , and Germany ...
... yards of cloth exchanged for 15 yards of linen in England , and for 20 in Germany . They will now exchange for the same number of yards of linen in both . For what number ? If for 15 yards , England will be just as she was , and Germany ...
Сторінка 140
... yards of cloth , in both coun- tries , exchange for 17 yards of linen . " The demand for a commodity , that is , the quantity of it which can find a purchaser , varies , as we have before re- marked , according to the price . In Germany ...
... yards of cloth , in both coun- tries , exchange for 17 yards of linen . " The demand for a commodity , that is , the quantity of it which can find a purchaser , varies , as we have before re- marked , according to the price . In Germany ...
Сторінка 141
... yards of linen for 10 yards of cloth . " But our suppositions might have been different . Sup- pose that , at the assumed rate of interchange , England had been disposed to consume no greater quantity of linen than 800 times 17 yards ...
... yards of linen for 10 yards of cloth . " But our suppositions might have been different . Sup- pose that , at the assumed rate of interchange , England had been disposed to consume no greater quantity of linen than 800 times 17 yards ...
Сторінка 142
... yards of linen , nor for less than 15. But they may exchange for any intermediate number . The ra- tios , therefore ... yards of cloth cost her as much labour as 20 yards of linen , she nevertheless consumed as much cloth as she wanted ...
... yards of linen , nor for less than 15. But they may exchange for any intermediate number . The ra- tios , therefore ... yards of cloth cost her as much labour as 20 yards of linen , she nevertheless consumed as much cloth as she wanted ...
Сторінка 143
... yards of cloth for 15 of linen , she would not consume more . Let this fixed quantity be 1000 times 10 yards . At the rate , however , of 10 for 20 , England would want more linen than would be equivalent to this quantity of cloth . She ...
... yards of cloth for 15 of linen , she would not consume more . Let this fixed quantity be 1000 times 10 yards . At the rate , however , of 10 for 20 , England would want more linen than would be equivalent to this quantity of cloth . She ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers bill book credits bullion capitalists cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of labour cost of production crease days labour dealers debt depend depreciation diminished duction effect employment enable equal equivalent exchange value exist expense exports fall France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value less loan lower means ment million mode modities mon language obtain paid payment person Poland population portion pounds precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit rent rise of prices seignorage sell shillings speculation supply supposed supposition things tion trade transactions value of money wages wanted whole yards of cloth yards of linen