The Trade Cycle: An Essay

active items amortization funds amount analysis argument average prime balance banks behave behaviour capital assets capitalistic ceteris paribus circulation period commodities consumable consumption de-stabilizing decline depression Diminishing Returns disutility dynamic determinants economic effect elasticity of demand employment entail entrepreneurs equal equilibrium expected expenditure fact factors of production fall firms fluctuation foreign future given greater happen imperfect competition importance increase interest rate investment involve Law of Diminishing less level of activity level of output long-term rate maintained marginal cost marginal revenue marginal utility ment monetary multiplier necessary net investment occur operation possible price-level prime costs prime factors produce proportion quantity of money rate of advance rate of interest reason recession reduced regarded relation rise secure shift to profit stabilizing force stable money static static analysis static determinants steady advance suppose theory tion trade cycle uniform advance unit