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- Title
PRICES, INCOME FLOW AND EMPLOYMENT.
- Authors
Straus, Everet M.
- Abstract
The article discusses the relationship between income aggregates and levels of employment which presents theoretical opportunities on subjects of general and relative price movements in the U.S. Price movements are relevant to the problems of income and employment levels with a consideration given to the effects of price changes on income flow and expectations. Several characteristics of an economy with unemployed factors of production hides potential price increases such as competition among unemployed resources, high cross price elasticities, indeterminacy and institutional factors
- Subjects
UNITED States; INCOME; EMPLOYMENT; PRICING; SAVINGS; PRICES; ELASTICITY (Economics); UNEMPLOYMENT; PRODUCTION (Economic theory); ECONOMICS
- Publication
Quarterly Journal of Economics, 1946, Vol 60, Issue 4, p600
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1885150