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Re: hamburgers & jobs



On 4/18/06, Doug Henwood wrote:
> What about a communications satellite? It's a good, but its use is
> typically sold as a service.

renting any good, including an apartment, would involve buying a
service. So I guess a service is to a flow variable as a good is to a
stock variable. A true service, however, could not be stock-piled and
thus doesn't fit with this analogy.

--
Jim Devine / "There can be no real individual freedom in the presence
of economic insecurity." -- Chester Bowles



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