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Home prices that could only go up would bail out everyone: buyers, lenders, vendors of tricky paper and derivatives, the rating agencies and, most important, home buyers themselves.
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Understanding scale is notoriously tricky on paper.
But nowadays pupils can get a single exam trending on Twitter, as was the case after thousands of GCSE students sat what appeared to be a particularly tricky Edexcel Maths paper.
As for liquidity, a three-month loan can less readily be exchanged for cash than an overnight one and lenders require a reward for that risk.Disentangling the two is tricky, but the paper notes that the Y2K gap was driven more by liquidity concerns than by credit ones.
Be prepared to make a few mistakes until you get the feel for working with these trickier types of paper.
As well as lowering the cost of inputs for domestic firms, trade increases the variety of products and may also boost productivity both tricky to quantify.Another paper, by Nicholas Bloom, Mirko Draca and John Van Reenen, tries to do just that.
Following the recent interest of using optimization to solve tricky engineering problems, this paper studies the use of multi-objective optimization methods applied to the clearance phase of flight control laws (FCL).
At least in politically liberal Los Angeles, a conservative paper could be tricky.
As a civil servant says, "it is a softly-softly approach but we need to recognise political realities...besides, those theoretical ideas that look good on paper can be tricky in practice".
On paper this looks tricky.
That particular paper trial gets tricky.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com