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According to the alternative approach (heterodox) towards economic production the only real scarce factor is time. Money, being a credit/debit relationship, cannot, by definition, be scarce. Nor are capital or resources scarce but reproducible.1 This conception is dramatically different from the conventional approach and thus its conclusions are also dramatically different. What are these conclusions?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91672021

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