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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fundamentally different items in the economy
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Showing posts with label
fundamentally different items in the economy
.
Show all posts
Tuesday 7 July 2009
Three, not two, fundamentally different items in the economy
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Accountants are taught that there are only two fundamentally different items in the economy, namely, monetary and non-monetary items. That...
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