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An important feature of business cycles refers to the different behavior of capital goods prices compared to consumer goods prices. During economic expansion, the growing number of investment projects increases the prices of capital goods in a faster pace compared to the increase of consumer...
Persistent link: https://www.econbiz.de/10011263103
An important feature of business cycles refers to the different behavior of capital goods prices compared to consumer goods prices. During economic expansion, the growing number of investment projects increases the prices of capital goods in a faster pace compared to the increase of consumer...
Persistent link: https://www.econbiz.de/10010735741