Examples of using Marginal efficiency in English and their translations into Greek
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a sudden collapse in the marginal efficiency of capital.”.
According to my theory it should be roughly equal to the excess of the money-rate of interest(apart from the stamps) over the marginal efficiency of capital corresponding to a rate of new investment compatible with full employment.”.
a sudden collapse in the marginal efficiency of capital” p.
as being occasioned by a cyclical change in the marginal efficiency of capital, though complicated
As the stock of the assets, which begin by having a marginal efficiency at least equal to the rate of interest, is increased, their marginal efficiency(for reasons, sufficiently obvious,
a sudden collapse in the marginal efficiency of capital.[8].
Thus it is to our best advantage to reduce the rate of interest to that point relatively to the schedule of the marginal efficiency of capital at which there is full employment.
the mere ownership of money allows one to increase wealth faster than the average marginal efficiency of productive capital investment.
Ask the reader to note at once that neither the knowledge of an asset's prospective yield nor the knowledge of the marginal efficiency of the asset enables us to deduce either the rate of interest or the present value of the asset.
which depresses the marginal efficiency or profitability of capital
The cost of the stamps… should be roughly equal to the excess of the money-rate of interest(apart from the stamps) over the marginal efficiency of capital corresponding to a rate of new investment compatible with full employment.
Keynes estimated that it should be“roughly equal to the excess of the money-rate of interest over the marginal efficiency of capital corresponding to a rate of new investment compatible with full employment.”.
The mistake in regarding the marginal efficiency of capital primarily in terms of the current yield of capital equipment,
The marginal efficiency of capital-which plays the same role in Keynes's system that the average rate of profit does in the classical
This can be best illustrated by pointing out the effect on the marginal efficiency of capital of an expectation of changes in the prospective cost of production, whether these changes
because it is chiefly this dependence which renders the marginal efficiency of capital subject to the somewhat violent fluctuations which are the explanation of the Trade Cycle.".
It is important to understand the dependence of the marginal efficiency of a given stock of capital on changes in expectation,
furnishes us with the marginal efficiency of capital of that type.
It is worth noting that an expectation of a future fall in the rate of interest will have the effect of lowering the schedule of the marginal efficiency of capital; since it means that the output from equipment produced to-day will have to compete during part of its life with the output from equipment which is content with a lower return.
furnishes us with the marginal efficiency of capital of that type.