LAND AND LABOR AND CAPITAL AS A CONDITION FOR DEVELOPMENT ECONOMY
Gordana M. Rade K. Mrdak, Knezeviæ
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Gordana M. Rade K. Mrdak, Knezeviæ: High School of Applied Studies in Vranje, Facultyof Business Studies and Law, Union University „Nikola Tesla“, Belgrade
No 2014-03, Ekonomika, Journal for Economic Theory and Practice and Social Issues from „Ekonomika“ Society of Economists, Niš (Serbia)
Abstract:
The market is the market of production factors land, labor and capital. Factors of production have its price. For a country pays rent, wages for work of a capital interest. In the capital market, there are two sizes: K - capital stock and K '- the interest rate. Bearer of the offer here is the lender, the borrower and the holder of the demand. Capital is the money you invest in the elements of the production process and has the ability to be at the end of the production process increase.
Keywords: market land and natural resources; capital; labor market (search for similar items in EconPapers)
JEL-codes: E20 O11 O47 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2014-10
New Economics Papers: this item is included in nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:esb:castrc:2014-309
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