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On Tuesday, the treasurer, Scott Morrison, was more nuanced in his response to action by the banks, suggesting they had telegraphed a range of adjustments, and "it's for them [the banks] to make that decision".
"Getting the ball down, locating, all the things I've been preaching all along, just making those adjustments, and it carried through the whole game," Lester said.
Unemployment will typically be lower amid such adjustments, and it has been lower in Iceland.External adjustment cannot, however, solve problems with other, perhaps structural, causes and sometimes it even exacerbates them.
"I went to the chiropractor and he made some adjustments and it's healing," Houston said before the game.
"You are always compensating and always trying to make adjustments, and it's such a high degree of skill that's necessary for some of these movements.
It seems to me to be asking an awful lot of economists and politicians to define what kind of recession is occuring early enough in the business cycle to make timely policy adjustments, and it's absolutely asking too much of politicians to fine-tune countercyclical policies to whatever judgment has been made.
Similar(48)
The driver's seat has a height adjustment, and it is possible to easily adjust the closeness of the front head restraints to the back of one's head.
Ignition timing is the final adjustment, and it is a critical one because of its effect on traction.
Multi time intervals response depicts the reality better because customers could adjust their consumption plan in any time interval based on the price adjustment, and it is used in this model.
"I think it'll work out, but this is a period of adjustment, and it has to be handled delicately.
"We're getting a lot of the adjustment and it hurts," said Kristin Forbes, a former member of the Council of Economic Advisers under President George W. Bush, and now a scholar at M.I.T.'s Sloan School of Management.
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Justyna Jupowicz-Kozak
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