Full text: The Trend 1968 Version

Depreciation
Kt=yt+y t-I(I-?)+yt-2(I-?)2+....
?Kt = y t-?Kt
?Kt=yt
Kt    Kt    -?
This depreciation is more realistic than
a concept based on ??
argument need not impair my formula
formulation in terms of whole of a part,
see above: in marginal terms
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