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Then, we have loose consolidation for I(_mathrm{D}) = 0.33, medium consolidation for both I(_mathrm{D}) = 0.34 and I(_mathrm{D}) = 0.67.
From engineering experiences, for I(_mathrm{D}) = 0.34, it really is neither loose nor medium consolidation, but a third option determined by cognitive evaluations formulated in the engineer's head that transcends both loose and medium consolidation depending on his/her intuition and experiences.
That is to say, engineers have certainly in mind an infinite number of thoughts, which cannot be expressed by counter-concepts, in the framework of syntactic restriction of the common language, using words, loose or medium consolidation, and Boolean numbers.
Similar(57)
Thoughtful economists, including those advising Mr Obama, think the ideal fiscal package would couple short-term stimulus with medium-term consolidation.
"We see early political agreement on a comprehensive medium-term consolidation plan based on realistic macroeconomic assumptions as a cornerstone of a credible and cyclically appropriate fiscal adjustment strategy," the IMF said.
Instead of the counter-concept "loose or medium or high consolidation" according to dualism, we use rather the meta-concept, "loose-medium-high" consolidation, determined by both available data and mental data according to monism.
The counter-concept, loose or medium or high consolidation, is represented logically in the form: begin{aligned} sin left{ {lvee mvee h} right} end{aligned} (21 where, (vee ) denotes alternative operator (or) in two-valued logic.
The first pillar is a program of medium term fiscal consolidation, involving painful austerity measures and significant tax hikes.
Given the very high level of public debt however, embarking on a fiscal stimulus in the absence of a medium run fiscal consolidation plan is risky; it increases the probability that investors require a risk premium, and that this leads in turn to debt unsustainability.
The second chapter put forward a medium-term fiscal consolidation policy that would ensure the Greek government would never get into deficit again, while limiting our budget surplus targets to levels low enough to be credible and consistent with recovery.
It recommended the government "continue to pursue the medium-term fiscal consolidation path" while letting in-built stabilising mechanisms kick in as necessary and it urged ministers to ensure further cuts are "fair".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com