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The term means that the economy gets stuck in an equilibrium well below its potential.
To put it in more technical economics terms, the economy gets stuck in an equilibrium well below its potential of output or employment.
Genotype frequent distribution in controls fitted the Hardy-Weinberg equilibrium well.
Similar(57)
To assess the feasibility of onboard bio-detection equipment for each tested scenario, the particles exhaled from each infected passenger were simulated under steady-state conditions (equilibrium, well-mixed) and the airborne particles concentrations were computed based on their diameter size using specifications from COTS aerosol collectors.
André Borschberg's requires a fifth factor to be in perfect equilibrium as well.
"I'm saying most people are able to maintain equilibrium pretty well after a traumatic event," he said.
In my experience, that moment before lights out is the moment when some really searing observation can upset your equilibrium as well as theirs.
In the real world of less-than-perfect competition, a "Nash equilibrium" may well be stable, but not optimal.
Langmuir isotherm was found to fit the adsorption equilibrium data well.
His country's boycott ended his 1984 dream; a car accident the next year shattered a leg and almost shattered Bilozerchev's career and psychological equilibrium as well.
The kinetic results indicated that the pseudo-second-order kinetic modeling fits the equilibrium data well under employed temperature conditions.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com