Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 30
... prices were raised more , and others less , the average rise would be one - fourth . This is a necessary consequence of the fact , that a fourth more money would have been given for only the same quantity of goods . General prices ...
... prices were raised more , and others less , the average rise would be one - fourth . This is a necessary consequence of the fact , that a fourth more money would have been given for only the same quantity of goods . General prices ...
Сторінка 34
... rise of prices must necessarily follow . But this is by no means an inevitable consequence . In no commod- ity is it the quantity in existence , but the quantity offered for sale , that determines the value . Whatever may be the ...
... rise of prices must necessarily follow . But this is by no means an inevitable consequence . In no commod- ity is it the quantity in existence , but the quantity offered for sale , that determines the value . Whatever may be the ...
Сторінка 57
... price of commodities be raised in proportion to the quantity of paper currency , the one contributes to that rise exactly in the same manner as the other . " Before we come to the points in which they differ , let us advert to one point ...
... price of commodities be raised in proportion to the quantity of paper currency , the one contributes to that rise exactly in the same manner as the other . " Before we come to the points in which they differ , let us advert to one point ...
Сторінка 65
... prices in the same manner as money itself ? Does an increase in the quantity of transferable paper tend to raise prices , in the same manner and degree as an increase in the quantity of money ? There has been no small amount of ...
... prices in the same manner as money itself ? Does an increase in the quantity of transferable paper tend to raise prices , in the same manner and degree as an increase in the quantity of money ? There has been no small amount of ...
Сторінка 67
... rise in price , he determines , not only to invest in it all his ready money , but to take up on credit , from the produ- cers or importers , as much of it as their opinion of his re- sources will enable him to obtain . Every one must ...
... rise in price , he determines , not only to invest in it all his ready money , but to take up on credit , from the produ- cers or importers , as much of it as their opinion of his re- sources will enable him to obtain . Every one must ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion capitalists cause cheaper cheapness cheques circulation circumstances classes 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 foreign commodities foreign countries France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value les associés less loans lower means ment million modities obtain paid payment permanent persons Poland population portion pounds sterling precious metals produce proportion raise rate of interest rate of profit rent rise of prices savings seignorage sell speculation supply suppose supposition theory things tion trade transactions value of money wages whole yards of cloth yards of linen