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Painful as it is to some of us, the economy is trying to adjust in response to the credit crunch.
The reason for this optimistic forecast is that economists tend to think prices eventually adjust in response to changes in supply or demand.
The analysis also suggests that in the aggregate, it is primarily the hardware outlays that adjust in response to unexpected business conditions.
"Major economies — advanced and emerging — need to allow their exchange rates to adjust in response to market forces," Mr. Geithner said.
Abstract: This paper provides evidence on a wide set of margins along which labor markets can adjust in response to increases in the minimum wage, including wages, hours, employment, and ultimately labor income.
The author discusses the individual traits and suggests how to manage them, which involves identifying the ones that trip you up, modifying some of your behaviors, and continuing to adjust in response to critical feedback.
Bankfull discharge is a key indicator of flood-discharge capacity in the Jingjiang Reach, which can adjust in response to the altered water and sediment conditions and local base-level changes.
At that meeting, Mr. Bernanke supported Mr. Greenspan, saying it was best for the Fed to be "embarking on a program of gradual rate increases but remaining alert and ready to adjust in response to incoming information".
How do prices adjust in response to such shocks?
The government debt and consumption tax adjust in response to the changes in fiscal pressure.
One question of interest is whether earnings adjust in response to the introduction of an earnings supplement.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com