Oeuvres complètes

The nature of capital and income

Bibliographic data

Monograph

Identifikator:: 1838857176

URN:: urn:nbn:de:zbw-retromon-229226

Document type:: Monograph

Title:: Thomson's manual of Pacific Northwest finance

Place of publication:: Seattle

Publisher:: Thomson's Statistical Service

Year of publication:: 1930

Scope:: XXX, 487 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section I. Government bonds

Collection:: Economics Books

310 NATURE OF CAPITAL AND INCOME [Cmar. XVII But it is not necessary to have three separate diagrams. It is possible to superimpose one of the first two figures upon the other, as shown in Figure 21. In this figure, on the same axis XY is drawn first F@, corresponding to Fig- ure 18 above, and, secondly, at distances above FG corre- sponding to the ordinates in Figure 19, is drawn the line MN. This line MN contains an apparent tooth or break which does not appear in Figure 19, but this is only for the purpose of preserving at this point the preseribed dis- tance from the line FG. Considered relatively to FG there rT lL i ot akin em Slelh nseepmreT" a’ TT 1a Fie. 22. is no break. Thus the line MN, measured relatively to FG, takes the place of the constituent curve of Figure 19, and measured relatively to the base line XY it represents the combined curve of Figure 20 for both constituents. The same method applies where there are any number of constituent capital curves. Thus (Fig. 22), let us draw for our first capital curve one which has an income item a, and superimpose upon it a second capital curve, of which the income item is a’, and so on. The capital curve at the top will represent the total of the individual capital curves beneath it, and each belt between — namely, the difference between any two neighboring capital curves — will replace a constituent curve. From the manner of their construction it is clear that the income item a’ will be carried forward successively to each of the curves above it, and will be represented by a tooth in the curve at the

Access restriction

Copyright

Full text: The nature of capital and income

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation