Testimony of Mr. Bernard M. Baruch Before the Special

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Solution for the unemployment problem is a priority of the government to include in the national economic planning and policy implementation. At left is a hypothetical "equilibrium" condition where production equals consumption, i.e. wages equal prices. And if you weren't too traumatized by the statistics courses in your past, you will recall that the probability of two heads in a row is 25 percent, dropping to just about 13 percent of the coin coming up heads three times in a row.

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Publisher: United States Senate (1938)


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