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Preface vij 1 The Nature of Economic Problems and Processes
PRODUCTIVITY INCOME AND WEALTH
Wealth and Income
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adjustment allocation amount analysis assets average balance banks borrowing capital changes chapter claims coal competition consider consumers consumption corporation cost countries curve debt decrease demand deposits depression desires determine discussion dollars economic effect efficient employment equal example exchange expected expenditures exports factors fall Federal Reserve firm force foreign gold greater higher hold important increase indicate individual industry inflation influence interest investment labor least less lower marginal means ment million monetary money supply national income natural operation output payments percent period person possible problems production profits purchasing pure quantity raise reasons reduce relative result rise saving securities sell seller Show specialization spending steel supply Table tend things tion trade types United various wage workers