Malati Roy
Abstract
Capital can be measured either at purchasers' prices or at constant prices. Again it can be taken after allowing for depreciation or gross of depreciation. Since we are interested in the trends in fixed capital, we use capital at constant prices.
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Capital can be measured either at purchasers' prices or at constant prices. Again it can be taken after allowing for depreciation or gross of depreciation. Since we are interested in the trends in fixed capital, we use capital at constant prices.
Key concepts: Depreciation (economics), Consumption of fixed capital, Fixed capital, Fixed investment, Economics, Capital (architecture), Monetary economics, Constant (computer programming)