feed them, they may always be employed in producing something.” Explain the meaning of this
- What is meant by saying wealth can only perform the functions of capital by being wholly or partially consumed?
- Explain and illustrate the statement that demand for commodities is not demand for labor.
- Show that expenditure of money does not necessarily increase the demand for labor.
- In what way would a general demand for luxuries affect productive laborers and the wealth of the community?
- In a community where capital is all employed, what would be the effect if one employer gradually withdrew some of his capital, and spent this for personal luxuries?
26.