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2,4-Dichlorophenoxyacetic acid is an organic compound with the chemical formula Cl 2 C 6 H 3 OCH 2 CO 2 H.It is usually referred to by its ISO common name 2,4-D. [4] It is a systemic herbicide that kills most broadleaf weeds by causing uncontrolled growth, but most grasses such as cereals, lawn turf, and grassland are relatively unaffected.
In equilibrium Z=D. D can be decomposed as D 1 +D 2 where D 1 is the propensity to consume, which may be written C(Y) or χ(N). D 2 is explained as 'the volume of investment', and the equilibrium condition determining the level of employment is that D 1 +D 2 should equal Z as functions of N. D 2 can be identified with I (r).
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a social science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on the behaviour and interactions of economic agents and how economies work.
Classical economics focuses on the tendency of markets to move to equilibrium and on objective theories of value. Neo-classical economics differs from classical economics primarily in being utilitarian in its value theory and using marginal theory as the basis of its models and equations. Marxian economics also descends from classical theory.
Following Richard Bellman's work on dynamic programming and the 1962 English translation of L. Pontryagin et al.'s earlier work, [71] optimal control theory was used more extensively in economics in addressing dynamic problems, especially as to economic growth equilibrium and stability of economic systems, [72] of which a textbook example is ...
2,4-Dinitrotoluene (DNT) or dinitro is an organic compound with the formula C 7 H 6 N 2 O 4. This pale yellow crystalline solid is well known as a precursor to trinitrotoluene (TNT) but is mainly produced as a precursor to toluene diisocyanate .
The producer price index released on October 11 reported no change in wholesale prices — or the prices manufacturers pay to producers of goods and services — in September from August, together ...
Linear regression is the predominant empirical tool in economics. For example, it is used to predict consumption spending , [ 24 ] fixed investment spending, inventory investment , purchases of a country's exports , [ 25 ] spending on imports , [ 25 ] the demand to hold liquid assets , [ 26 ] labor demand , [ 27 ] and labor supply .