>So ... (a) do you agree with David L's explanation of the relation
> between the capital/output ratio and the occ? Why or why not?;
Yes
> (b) How would you evaluate David's position in the last sentence
> above ("There seems to be no reason ....")?
Correct so long as one is not making any specific assumptions about the
level of accumulation.
Paul Cockshott
wpc@cs.strath.ac.uk
http://www.cs.strath.ac.uk/CS/Biog/wpc/index.html