ABSTRACT
In this chapter we consider the statistical results of the equations dealing with the absolute price, the wage rate and relative prices. We begin with the equations connected with the determination of the absolute price level (Section 5.1). Then, in Section 5.2, we consider our wage-rate hypothesis. Lastly, in Section 5.3, we consider the determination of other prices like consumer goods prices, price of manufactured goods, price of investment goods, etc.
