Although the water jet provides motive power only in water, it is always operating.
Now, NK models do have an answer of sorts: they're always models characterized by imperfect competition, so prices are above marginal cost, and there's a sense in which the economy is always operating with some excess capacity in the sense that people are willing to produce more at current prices.
The foreign secretary also sought to dispel suggestions the government was rudderless, saying: "The government is always operating, 24 hours a day – we're not in the 18th century, and I am on way to central London to chair a meeting about this now".
Hot water production is always operating for the full year.
"Lafley is always operating with an eye toward the future," insists Lee H. Igel, a management professor at New York University.
The proposed controller is such that the system is always operating in a closed loop, which should lead to better performance characteristics.
Since energy is consumed more slowly when a node is operating as an ES-node, the changes in residual energy over the first 4 days exhibit the pattern labeled Type B in Figure 5, and over the next 5 days the changes follow Type C. Subsequently, the Type A pattern occurs when the node is always operating in fault-tolerant mode, and Type B when it is in energy-saving mode.
The modern shaman that is Damian Lazarus is always operating at the fringes, and his Ancient Moons project might be his most weird and wonderful yet.
Problem number seven is that Ricardo's theory assumes the economy is always operating at full output--or at least that trade has no effect on its output level.
It is important to note that feedback is always operating over the full response curve.
