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Business, 16.08.2021 23:40 adeliabujang8881

Alice Hanson Jones (1980) finds that private nonhuman physical wealth in New England in 1774 was 36.4 pounds sterling per capita. Thus, assuming a capital output ratio of 3:1, Jones estimates that per capita income in New England in 1774 equaled:

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Alice Hanson Jones (1980) finds that private nonhuman physical wealth in New England in 1774 was 36....
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