Eastern Norway Eastern Norway Eastern Norway (Bokmål: "Østlandet", Nynorsk: "Austlandet") is the geographical region of the south-eastern part of Norway. It consists of the counties Telemark, Vestfold, Østfold, Akershus, Oslo, Buskerud, Oppland and Hedmark. Eastern Norway is by far the most populous region of Norway. It contains the country's capital, Oslo, which is Norway's most populous city. In Norwegian, the region is called "Østlandet" and "Austlandet" ("The east land") in contrast to Vestlandet ("The west land"). As of 2015, the region had 2,593,085 inhabitants, 50.4% of Norway's population. The region is bounded by mountains in the north and west, the Swedish border
Organic composition of capital theory of the rising organic composition of capital. It is difficult to find industries where the "secular" historical trend is one of an increase in the share of wages in the total capital outlay. Generally, the opposite is the case. However, it has been argued that the value of physical capital is notoriously difficult to measure empirically in an accurate way; and statistical time-series for economic variables over long periods are also susceptible to errors and distortions. The owners of a business may not even know exactly what the physical assets they use are currently worth, or what their business