Social and Cultural Dynamics ...: FLuctuation of social relationships, war, and revolution |
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Strana 8
... of consumer choice which incorporates the possibility of zero priced inputs ,
consumption of commodities with intertemporal consequences , and all of the
relevant constraints ( production possibilities , time , and budget ) the individual
faces .
... of consumer choice which incorporates the possibility of zero priced inputs ,
consumption of commodities with intertemporal consequences , and all of the
relevant constraints ( production possibilities , time , and budget ) the individual
faces .
Strana 26
That is , since his wage rate rises , for any given work effort , his budget constraint
will be expanded . This implies that his equilibrium consumptions in future
periods z ' = > H ( where h is the final period in which the investment commodity ...
That is , since his wage rate rises , for any given work effort , his budget constraint
will be expanded . This implies that his equilibrium consumptions in future
periods z ' = > H ( where h is the final period in which the investment commodity ...
Strana 28
... derived from consumption of vocational rehabilitation are in the form of an
expanded production possibility set and of expanded equilibrium consumptions
in future periods due to an increased wage facilitating an enlarged budget
constraint .
... derived from consumption of vocational rehabilitation are in the form of an
expanded production possibility set and of expanded equilibrium consumptions
in future periods due to an increased wage facilitating an enlarged budget
constraint .
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accepted agency allocated alterations amount analysis assumed average basis becomes benefits budget Chapter choice client combining commodities considerations constraint consumption cost defined Department depend determined developed disability type discounted district economic Education effect empirical equilibrium consumptions estimated expanded expected forecasts formulations future periods give given Government Health human implies included income income effect increase individual individual's demand inputs interest investment activities larger less limited magnitude marginal maximize maximum Michigan month monthly multiperiod nature necessary needed negative observations obtained Office opportunity earnings parameter particular payments period physical poor positive present present period production functions production possibilities quantity received recipient recorded regressions relation relationship service demanded significant social statistics substitution effect supply TABLE term tion unit of service utility variables vocational rehabilitation services wage prediction equation wage rate weekly earnings welfare zero