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Essentials of International Economics: Questions & Answers. – Edited by Yuriy Kozak lems in the system of contemporary economic theory (Microeconomics,.

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Essentials of International Economics: Questions & Answers. – Edited by Yuriy Kozak lems in the system of contemporary economic theory (Microeconomics,. Essentials of Economic Theory (1922), p. 31. New York. 17. It would be absolutely wrong to speak of a 'constant inventory'. The concept contains a contradiction. development (Economic growth can simply be defined as a rise in GDP Schiller, Bradley R. (2002), Essentials of Economics, 4th edition, McGraw Hill. Chapter