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In macroeconomics, the guns versus butter model is an example of a simple production–possibility frontier. It demonstrates the relationship between a nation's investment in defense and civilian goods. The "guns or butter" model is used generally as a simplification of national spending as a part of GDP. This may be seen as an analogy for ...
In Figure 7, producing 10 more packets of butter, at a low level of butter production, costs the loss of 5 guns (shown as a movement from A to B). At point C, the economy is already close to its maximum potential butter output. To produce 10 more packets of butter, 50 guns must be sacrificed (as with a movement from C to D).
In particular, if d = 1 (for example, if F = Q and D ⊗ R ≅ M 2 (R)), fixing a sufficiently small arithmetic subgroup of D ×, one gets a Shimura curve, and curves arising from this construction are already compact (i.e. projective). Some examples of Shimura curves with explicitly known equations are given by the Hurwitz curves of low genus:
The price of a butter slab has spiked 26% since December, reflecting how inflation is unraveling for the average Russian in Vladimir Putin's war economy. The great Russian butter robbery—and ...
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1.1.1.7 Curve families of variable degree. ... This is a list of Wikipedia articles about curves used in different fields: mathematics (including geometry, ...
The board of governors is one of three key pillars making up the broader Federal Reserve System, along with the 12 regional reserve bank presidents and the Federal Open Market Committee (FOMC).
The Hubbert curve [2] is the first derivative of a logistic function, which has been used for modeling the depletion of crude oil in particular, the depletion of finite mineral resources in general [3] and also population growth patterns. [4] Example of a Hubbert Linearization on the US Lower-48 crude oil production.