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This still fails to explain our mediocre productivity growth; it just redirects the question upstream. Productivity improvements are reflected in an expansion of the technology set S t , and this is why the cost function Ct (p,y) is also indexed by the period t=0,1. Generally, the goal of price and productivity indexes will be to measure changes in the value of costs Ct over time: costs increase as input prices rise, and decrease as productivity improves. excessive amount of debt. I l@ve RuBoardI l@ve RuBoard Determining Your Expenses There are several reasons why it is of particular importance to determine your expenses when attempting to calculate how much disposable cash you have for investment.
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