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If in one period a shock — a big rise in the price of oil, for instance — causes output to fall and unemployment to rise, in the next period the economy automatically adjusts back to a state of full employment.
Gain compression factor, causes output power rollover in quantum dot lasers.
Increasing returns are said to exist when a proportional increase in inputs causes outputs to increase by a greater proportion, whereas decreasing returns is the situation in which an increase in inputs causes output to increase by a smaller proportion.
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Load acting on the top drive shaft fluctuates randomly, which will cause top drive output speed hard to be in consistent with the setting value.
Excess debt, not government fiat, caused output to slump in 1998, for example.
Fluctuations in the world tin market, however, have caused output to be reduced.
Demand shocks cause output and inflation to move in the same direction; if demand rises, both output and inflation tend to go up too.
Of course, the global financial crisis that had erupted a few months earlier threw the world economy into turmoil, causing output to contract, unemployment to surge, and trade to collapse.
The overall drop will be the largest slide in non-Opec supply since 1992, when the downfall of the former Soviet Union caused output to shrink by 1 million barrels a day from the year before.
Boeing has already announced job losses of up to 30,000 over the next 12 months, as falling orders cause output to fall from more than 500 aircraft this year to just over 400 next year and 350 in 2003.
If investment accounts for 45% of GDP and it grows at an annual rate of around 25%, then simple arithmetic shows that investment alone should cause output to rise by 11% a year, even without any increase in consumption and net exports.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com