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John Hicks - Income No. 3 must be defined as the...
Income No. 3 must be defined as the maximum amount of money which the individual can spend this week, and still be able to spend the same amount in real terms in each ensuing week. (John Hicks)

Income No. 3 must be defined as the maximum amount of money which the individual can spend this week, and still be able to spend the same amount in real terms in each ensuing week.

John Hicks

Related topics

able amount income individual maximum money real spend week

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