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.

Equilibrium chemistry is a concerned with systems in chemical equilibrium.

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

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

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.

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.

Indeed, because the creation of new assets in developing countries will be slower than the increase in demand for them, the price of existing assets in those markets equities, bonds, real estate, human capital are likely to overshoot their long term equilibrium value.

While Keynes had focused on the value stability of currency, with the resulting panics based on an insufficient money supply leading to alternate currency and collapse, then Friedman focused on price stability, which is the equilibrium between supply and demand for money.

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

In his 1908 essay Der moderne Denkmalkultus (The modern cult of monuments) he describes historical value, artistic value, age value, commemorative value, use value, and newness value.

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 .

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.

) If the fair value is less than carrying value (impaired), the goodwill value needs to be reduced so the carrying value is equal to the fair value.

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.

Value Value , or lightness, varies vertically along the color solid, from black (value 0) at the bottom, to white (value 10) at the top.

The value of freedom. It's a value of community.

At the same time, Friedman believed that even when the market equilibrium was not the utilitarian social welfare optimum, and even when government could be used to improve matters from a utilitarian point of view, there was still an additional value in letting human freedom have the widest berth possible.

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

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

Because actually, never mind the actual intrinsic value of having gold jewelry. This actually had symbolic value, badge value.

The binary value of all 8 bits set (or turned on) is 11111111, equal to the hexadecimal value FF, the decimal value 255, and the octal value 377.

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.

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

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.