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第 11 頁
Figure 3: Isoquant Map for the Natural Production Function SN |(RkJgiUn«)
increasing SN(t) and decreasing E(t), we are, in effect, removing the B* constraint
or pushing it upward as noted in Figure 1. This should increase the potential ...
Figure 3: Isoquant Map for the Natural Production Function SN |(RkJgiUn«)
increasing SN(t) and decreasing E(t), we are, in effect, removing the B* constraint
or pushing it upward as noted in Figure 1. This should increase the potential ...
第 12 頁
effort will see both factors increase in the same proportion along the expansion
path OG. The yield will no longer be constrained by B* or the carrying capacity.
Thus, marginal productivity of man's effort may not decline as effort is increased.
effort will see both factors increase in the same proportion along the expansion
path OG. The yield will no longer be constrained by B* or the carrying capacity.
Thus, marginal productivity of man's effort may not decline as effort is increased.
第 205 頁
In particular, Ball and Romer (1990) showed that the customer market increase
the degree of real rigidity measured by the insensitivity of real price to change in
aggregate demands so that the real output effect of exogenous changes in the ...
In particular, Ball and Romer (1990) showed that the customer market increase
the degree of real rigidity measured by the insensitivity of real price to change in
aggregate demands so that the real output effect of exogenous changes in the ...
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activity addition adjustment allocation analysis Association assumed assumption banks becomes capital competitive consider constraint consumption cost crisis depends derive dynamic Economic effects equation equilibrium estimated example exchange rate expected factor Figure firm foreign function given growth Hanyang higher Hong implies incentives included income increase individual industry inflation initial interest introduced investment Journal Korean labor less marginal maximize means measure mentor menu cost migration monetary money demand nature Note optimal outliers output period positive possible present problem production profit Promotion proteges provides reduce relationship reported Research respect response Review sector shocks shows significant social solution Statistics steady structure substitution supply Table term tests theory tion transition University utility utility function variable welfare