Cumulative process
id:
cumulative-process-321-3530436
title:
Cumulative process
text:
Cumulative process is a contribution to the economic theory of interest, proposed in Knut Wicksell's 1898 work, Interest and Prices. Wicksell made a key distinction between the natural rate of interest and the money rate of interest. The money rate of interest, to Wicksell, is the interest rate seen in the capital market; the natural rate of interest is the interest rate at which supply and demand in the market for goods are in equilibrium – as though there were no need for capital markets. Acco
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wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Cumulative_process
date created:
date modified:
2020-04-08T02:45:00Z
main entity:
{"identifier":"Q17008278","url":"https://www.wikidata.org/entity/Q17008278"}
image:
fields total:
13
integrity:
13