As for the exchange rate, PPP is only one of many ways to calculate its equilibrium level.

Criticisms The natural rate hypothesis makes the fundamental assumption that there exists a unique equilibrium level of unemployment.

Equilibrium chemistry is a concerned with systems in chemical equilibrium.

Furthermore, this equilibrium must be supported by an enabling international environment that complemented a sound approach by African countries at the domestic level.

Thus, each strategy in a Nash equilibrium is a best response to all other strategies in that equilibrium.

Chinese policymakers should begin with a careful examination of the effects of current financial repression (the practice of keeping interest rates below the market equilibrium level).

As a result, balance of payments equilibrium would be reached at a certain exchange rate level, but a current account surplus (albeit smaller) would still exist.

Kepler 40b has an equilibrium temperature of 1620 K, over six times hotter than the equilibrium temperature of Earth.

What Europe is trying to do in Portugal and Greece is reminiscent of central banks futile efforts in past decades to keep exchange rates away from the market equilibrium price level.

The equilibrium yuan dollar rate is a chimera not because China s trade could never be balanced, but because the exchange rate alone does not determine equilibrium.

The new government s fragile equilibrium only reinforces this sober interpretation.

Observers debate whether it will eventually reach a new equilibrium.

With the possible exception of the four Scandinavian countries, no society with a market economy found, or even sought, the equilibrium between state and market necessary to maintain a sufficient level of public services.

However, there is an equilibrium between dissolved calcium bicarbonate and dissolved calcium carbonate Ca2 2HCO3 Ca2 CO32 CO2 H2Owhere the equilibrium is driven by the carbonate bicarbonate, not the calcium.

The theory holds that financial markets do not tend towards equilibrium.

These changes are likely to make today s attempts to find an equilibrium yuan dollar exchange rate seem just as chimerical in hindsight as previous calculations of the yen dollar equilibrium rate.

Employment cannot be sustained above its equilibrium path by inflating effective demand.

There is no way to reestablish economic equilibrium in one fell swoop.

They created the scenarios using outputs from equilibrium and or transient GCMs.

That equilibrium lies at the heart of the potential of those mechanisms.

Pessimistic observers foresee a continual decline of freedom rather than a liberal equilibrium.

So, when the free energy change is large (more than about 30 kJ mol 1), then the equilibrium constant is large (log K 3) and the concentrations of the reactants at equilibrium are very small.

We need fewer equilibrium business cycle theorists and more old fashioned Keynesians and monetarists.

Society will be exposed to putrid legislation and that will affect the societal equilibrium .

As the economist Joan Robinson pointed out in 1947, just about any exchange rate will be the equilibrium value for some combination of these other variables. The equilibrium exchange rate, she famously argued, is a chimera.

The bailouts are prolonging the crisis because they amount to an attempt to keep asset prices at a level above the market equilibrium, creating a unilateral downward risk that is limited only by the deep pockets of the relief funds.

And, because the current bout of high unemployment is self reinforcing, once the equilibrium is broken for a while, the economy could move to a higher employment equilibrium permanently, without the need for any further government support.

So economists talk about game theory that every two person game has a Nash equilibrium.

Balance of nature (biological fallacy) A discredited concept of natural equilibrium in predator prey dynamics.

There is also an equilibrium of carbon dioxide between dissolved in water (dis) and the gaseous state (g) CO2(dis) CO2(g)The equilibrium of CO2 also moves to the right towards gaseous CO2 when the water temperature rises.

Here is why. The market is now in equilibrium with the price of oil at 120.

Our primary aim is the restoration of peace and, if not stability, an acceptable political equilibrium.

When m1 m2, the machine is in neutral equilibrium regardless of the position of the weights.

Uranus has 27 named moons, five of which are massive enough to have achieved hydrostatic equilibrium.

It is in dynamic equilibrium between the liquid and gas states at standard temperature and pressure.

In this way, speculation accelerates the process of finding an equilibrium price and stabilizing the physical market.

In retrospect, it is easy to see why none of these supposed equilibrium exchange rates delivered external balance.

This should create opportunity for investors, especially if there is a downward overshoot as the new equilibrium emerges.

For a step in a process to be reversible, the system must be in equilibrium throughout the step.

Thermodynamic stability occurs when a system is in its lowest energy state, or chemical equilibrium with its environment.

The universal view was that without the industrial and agricultural revolutions, planet Earth would still be in equilibrium.

In physical organic chemistry, a free energy relationship or linear Gibbs energy relation relates the logarithm of a reaction rate constant or equilibrium constant for one series of reactions with the logarithm of the rate or equilibrium constant for a related series of reactions.

This is Niles Eldredge. He was the co developer with Stephen Jay Gould of the theory of punctuated equilibrium.

After that, it should be sufficient to allow labor markets to work until the system finds its new equilibrium.

As Kissinger describes it, after the Napoleonic Wars, There was not only a physical equilibrium, but a moral one.