Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Constant Item Purchasing Power Accounting - Abstract - Part 5 of 5
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Showing posts with label
Constant Item Purchasing Power Accounting - Abstract - Part 5 of 5
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Wednesday 20 April 2011
Constant Item Purchasing Power Accounting - Abstract - Part 5 of 5
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The cost of the stable measuring unit assumption It is clearly known and admitted that there is real value being eroded in non-monetary it...
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