RM: The chancellor is channelling Gordon Brown and Ed Balls as he focuses heavily on solving the productivity problem that means UK output lags behind those of other developed nations.
In most cases, you will need a Y-shaped cable with two RCA connector plugs on one end to plug into the output jacks behind the stereo receiver, and a single 3.5-millimeter stereo mini-plug on the other end to connect to the Line In port on your computer's sound card.
But with exports to China at just 2.8 percent of Britain's overall output — lagging behind sales to that country by Germany, France and Italy — fulfilling the dream of becoming a high-end industrial powerhouse will require a substantial increase in investment in British industry.
After that the switch is kept off until the load current has slowly discharged, the output capacitor behind the target value and the cycle starts again.
First, for the first time in 100 years the United States has dropped from first to second in terms of manufacturing output, slightly behind China.
But when it comes to agriculture, its output lags far behind potential.
India's industrial workforce, including small firms in the informal sector, has been growing much faster than China's by 3.6% a year since 1993, against only 1.2% in China but its industrial output has lagged behind China's because its productivity has grown more slowly.
Second, such patterns yield important implications with respect to the so-called 'European Paradox', i.e. the conjecture that EU countries play a leading global role in terms of top-level scientific output, but lag behind in the ability of converting this strength into wealth-generating innovations.
Under current projections, the United States will find itself in second place behind China (already the world's second largest economy) in economic output around 2026, and behind India by 2050.
