Hence, formal lenders, namely banks and cooperatives, may ration credit, request additional documents from and frequent visits by the borrower (leading to higher borrower-side transaction costs), demand marketable collateral, and favor production credit over consumption loan.
In national income accounting, our savings are simply the excess of our production over our consumption -- because if we don't consume what we produce, saving it is the only other thing we can do with it.
Consequently, the energy efficiency of a poplar SRC, expressed as the gross energy production over its consumption, was estimated at 14±1 and was not affected by [CO2] up to 550 ppm.
Because the ratio of the production over the consumption is higher in anaerobiosis than in aerobiosis, oxaloacetate PoP is higher.
Lastly, formal creditors would prefer to lend for the purpose of production over that of consumption, since the former is associated with the possibility of generating positive surplus required to meet debt obligations.
This cross-sectional data was used for describing production and consumption over a lifetime, thus keeping prices and wages at 2005-level.
As science incessantly achieves innovative and unexpected breakthroughs, new medical, political, ethical and religious debates arise over the production and consumption of transgenic organisms.
The centralized decision making over both production and consumption is impossible because of the complexity of an economy composed of hundreds millions of people and trillions of decisions every second.
