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c) emittenter : centralbanken, forretningsbanker og særlige kreditinstitutter.
fifth, movements in the real product wage may for long periods have had little impact on output, investment and employment decisions in some countries which have, or had at some time during the period examined, low wage levels and 'abnormally' high profits during the process of industrialization.
c) emittenter: centralbanken, forretningsbanker med undtagelse af boligopsparingsinstitutterne.
as long as the elasticity of substitution is, in the short run, less than unity, a ceteris paribus increase in wages will increase the real product wage and the labour income ratio.