The Elements of Political EconomyLeavitt, Lord, 1837 - 472 sivua |
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able accomplish accumulation Adam Smith advantage annual bank benefit borrow bushels capitalist cent cheaper circulating capital circulating medium cloth coin commodity consumed consumption convenience cost cotton create demand desire difference diminished division of labor duction economy effect employed employment equal exchangeable value expense exported fixed capital frequently gold gratification greater greatly Hence human industry hundred dollars important inasmuch increased individual investment land laws less liable loan loss manner manufacturer means ment merchant millions mode nation natural agents necessary nity number of laborers obliged operation ordinary rate ounces of silver paid paper circulation paper money payment persons portion possess precious metals principles procure production profit proportion purchase purpose quantity rate of interest rate of profit receive render result rise risk sell skill society specie substance supply Suppose thing tion transportation unproductive capital venison wages wants wheat whole worth