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Entrepreneurship and Income
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acceleration principle allocation analysis bank benefit business cycle buyers capital value cartel cash balance ceteris paribus commodity competition consumers consumption consumption function costs credit expansion demand curve demand for money determined DMVP earn economic economists effect entrepreneurs equal equation equation of exchange equilibrium example exchange exchange-value expenditures fact factors of production fall fallacy firm free market future Galbraith gold ounces higher wage Human Action increase individual industry inflation interest rate intervention Keynesian labor factor land factors losses lower Ludwig von Mises marginal ment Mises money income money supply money-substitutes monopolist monopolistic competition monopoly gain monopoly price nomic original factors output owners praxeological preferences problem profits purchasing power quantity rate of interest rents result rise seen sell seller shift simply society stages sumers supply curve suppose taxation tend theory tion unemployment union utility voluntary wage rates workers