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The established proportion between consumption and investments. Besides, Each level of effective demand will correspond to some given To income distribution. Reasonably therefore to assume further that to each One corresponds to the given level of the general effective demand, strictly Its certain distribution between various branches.
It allows us to define, what size of employment in each
To branch will correspond to this or that level of the general employment. Others
Words, it gives us employment size in each individual industry,
Corresponding to the given level of the cumulative effective demand measured
In terms of wages, and conditions thus are satisfied for
The function of employment indicated above the second form in an individual industry, namely
Nr = FrDw
We reach that in these conditions branch functions of employment
Give in to summation and function of employment for the industry as a whole,
Corresponding to the given level of effective demand, it appears to the equal sum
Functions of employment of individual industries, i.e.
F (Dw) = N = (Nr = (Fr (Dw).
Let's pass now to definition of elasticity of employment. Elasticity
To employment for an individual industry it is expressed by the formula showing,
The volume of employment in the given branch will how much be changed at change
Quantity of units of wages which as expect, will be
It is spent for purchase of production of this branch. Elasticity of employment for
As a whole we will write down the industries as.
Having admitted that we can find satisfactory enough method
Measurements of volumes of production, that can be is useful to define also
It is named by elasticity of issue or production which shows,
How much in any branch, if the volume of output increases by it
Production it is presented it (in terms of wages) the effective
Provided that we have the right to assume equality of the prices the limiting
To primary production costs, we have: where Pr there is an anticipated profit
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