SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC. 
For small values of ¢ and 7 we can write 
‘126)-8) 
126-9) 
Re(t) © Rolt)e' 
R(#) + Ra(f 
’ 
In terms of a first approximation, the process therefore 
rorresponds to what would happen if consumed national in- 
come and national income were equal to their values at the 
end of a period ©, applying the respective compounded rates 
of interest ¢"=7-p and :. 
Further from (123-9) and (112-1), for small values vi 
126-10) 
> 
mn OR.() 
Real Consumed National Income 
127. From (117-19) and for rates of growth p(z) considerza 
as given we have 
re 
127-1" 
-B)ù vis. 
Le. from … 
) 
- 
Allais - pag. bi