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Text Details
It is probable that the general level of prices will not rise very much as output increases, so long as there are available efficient unemployed resources of every type. But as soon as output has increased sufficiently to begin to reach the bottle-necks, there is likely to be a sharp rise in the prices of certain commodities.
— The General Theory of Employment, interest and Money
(book)
by J. M. Keynes
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Language: | English |
Submitted by: | spondulix |
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