[OPE-L:1742] Re: Defining & understanding the accumulati

Paul Shepher (wpc@cs.strath.ac.uk)
Thu, 11 Apr 1996 11:28:34 -0700

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>> Paul
>> ------
> In the late 50s and mid 60s of
>> the 20th > century in some european economies the reserve army was
>>negative - there
>> were more jobs on offer than unemployed workers.
>Think about this Paul. How can an "army" be negative??
It is not the army but the reserve that is negative. A reserve is a residual
a difference between two quantities, and as such can be negative.