In any city at any time, some of the stock of usable office space is vacant. This
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In any city at any time, some of the stock of usable office space is vacant. This vacant office space is unemployed capital. How would you explain this phenomenon? In particular, which approach to explaining unemployed labor applies best to unemployed capital? Do you think unemployed capital is a social problem? Explain your answer.
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The phenomenon of vacant office space or unemployed capital can be explained using the same economic principles that apply to unemployed labor Just as ...View the full answer
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