Structure of a Modern Economy
The United States, 1929-89
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This book is a study of the American economy from 1929 to 1989 through the analysis of national income statistics and other data. It reaches important conclusions regarding the causes of unemployment, the relation of inflation to the stock of liquid assets and the budget deficit, the proportion of the population in poverty, the gap between interest and profit rates, the relation of productivity to income. These conclusions are discussed using graphs and diagrams extensively.
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