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In some simplified expositions, the monetary multiplier is presented as simply the reciprocal of the reserve ratio, if any, required by the central bank. More generally, the multiplier will depend on the preferences of households , the legal regulation and the business policies of commercial banks - factors which the central bank can influence ...
Other technical terms are words of the common language that are used in an accurate meaning that may differ slightly from their common meaning. For example, in mathematics, " or " means "one, the other or both", while, in common language, it is either ambiguous or means "one or the other but not both" (in mathematics, the latter is called ...
The term transistor was coined by John R. Pierce as a contraction of the term transresistance. [22] [23] [24] According to Lillian Hoddeson and Vicki Daitch, Shockley proposed that Bell Labs' first patent for a transistor should be based on the field-effect and that he be named as the inventor. Having unearthed Lilienfeld's patents that went ...
However, a simplified version of the method has been preserved, as described by Cleomedes. [15] The simplified method works by considering two cities along the same meridian and measuring both the distance between them and the difference in angles of the shadows cast by the sun on a vertical rod (a gnomon) in each city at noon on the summer ...
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
Greek has been spoken in the Balkan peninsula since around the 3rd millennium BC, [18] or possibly earlier. [19] The earliest written evidence is a Linear B clay tablet found in Messenia that dates to between 1450 and 1350 BC, [20] making Greek the world's oldest recorded living language. [21]
In terms of rhythm, English is generally described as a stress-timed language, meaning that the amount of time between stressed syllables tends to be equal. [177] Stressed syllables are pronounced longer, but unstressed syllables (syllables between stresses) are shortened.
Human consciousness, at its simplest, is sentience or awareness of internal or external existence. [302] Despite centuries of analyses, definitions, explanations and debates by philosophers and scientists, consciousness remains puzzling and controversial, [ 303 ] being "at once the most familiar and most mysterious aspect of our lives". [ 304 ]