What conditions must hold for the capital market to be in equilibrium? What will happen if the

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What conditions must hold for the capital market to be in equilibrium? What will happen if the return on capital is less than the rate necessary to overcome risk and time preference? Draw a diagram to illustrate your result.

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Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

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