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achieved aggregate demand assets average balance of payments banks benefits break-even Britain British calculations capital cash flow changes Chapter competition consumers cost reduction countries demand depreciation dividends domestic earnings economic economies of scale effect employee environmental Eurocurrency European Eurotunnel example exchange rate expenditure exports factors Figure firm's flexibility Ford UK funds Further reading growth important improve income increase industrial inflation inputs interest rates investment Japan Japanese Key Concept labour costs labour market labour's share lean production management accounting ment monetarist monetary neo-classical operations output particular performance Phillips curve plant product market production process profit ratio reduce result retail Retail Price Index Sainsbury's sales revenue sector shareholders short-term significant Single European Market strategy Study suggests Table Tesco theory Toyota trade unit costs value added wage workers