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Share of costs when employment increases or when the norm grows Percent. For these reasons in the economy subject to changes,Achievement of a complete firmness of prices, unless only in that case is impossible,
If there was the special mechanism supplying time fluctuations in Propensities to consumption just in necessary degree. But arising the such
In the image instability of the prices does not give those hopes of profit which could
To become the incentive reason for creation redundant industrial Capacities. Casual benefits entirely will get to those businessmen, which Has had the luck to have the goods at rather advanced stages Productions, and at the businessman who does not possess
Specialised resources of the necessary sort, any possibility to receive these
Benefits are not present. Thus, the inevitable instability of the prices caused
The indicated changes, cannot affect activity of businessmen, But only directs available (de facto) casual riches to pockets Some lucky beggars (mutatis mutandis if change is supposed in Opposite direction). This fact as it seems to me, remained Not noticed in some modern disputes on a stabilisation policy of the prices. Truly that in the company subject to changes, such policy cannot be Quite successful. But from here at all does not follow, as if any small time
Deviation from a firmness of prices inevitably plunges economy into a condition
III
We have shown that if effective demand is insufficient, arises Partial employment in the sense that there are unemployed, which
Would agree to work for smaller in comparison with existing the real Wages. Hence, with growth of effective demand employment Increases at simultaneous preservation of the existing real wage
Payments or even its fall, the item where will not be already will not be reached yet
Surplus of a labour which could be used on a basis The level of real wages established to that moment. Others
Words, it will be already impossible to receive additional number of people (or hours
Work) if only the monetary wages do not become (since it
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