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Business cycles are a type of fluctuation found in the aggregate economic activity of nations that organize their work mainly in business enterprises: a cycle consists of expansions occurring at about the same time in many economic activities, followed by similarly general recessions, contractions, and revivals which merge into the expansion ...
A balancing loop is the cycle in which the effect of a variation in any variable propagates through the loop and returns to the variable a deviation opposite to the initial one (i.e. if a variable increases in a balancing loop the effect through the cycle will return a decrease to the same variable and vice versa).
The first part of the book starts by presenting the problem thermodynamics is trying to solve, and provides the postulates on which thermodynamics is founded. It then develops upon this foundation to discuss reversible processes, heat engines, thermodynamics potentials, Maxwell's relations, stability of thermodynamics systems, and first-order phase transitions.
The Austrian business cycle theory (ABCT) is an economic theory developed by the Austrian School of economics seeking to explain how business cycles occur. The theory views business cycles as the consequence of excessive growth in bank credit due to artificially low interest rates set by a central bank or fractional reserve banks. [ 1 ]
Real business-cycle theory (RBC theory) is a class of new classical macroeconomics models in which business-cycle fluctuations are accounted for by real, in contrast to nominal, shocks. [1] RBC theory sees business cycle fluctuations as the efficient response to exogenous changes in the real economic environment.
The most useful methods to predict business cycle use methods similar to the organization as Eurostat, OECD and Conference Board. [10] Federal Reserve Bank of Chicago - Chicago Fed National Activity Index (CFNAI) Diffusion Index - The Chicago Fed National Activity Index (CFNAI) Diffusion Index is a macroeconomic model of Business Cycle Models.
العربية; Azərbaycanca; বাংলা; Башҡортса; Беларуская; Беларуская (тарашкевіца) Български
The Flying Circus of Physics by Jearl Walker (1975, published by John Wiley and Sons; "with Answers" in 1977; 2nd edition in 2007), is a book that poses and answers 740 questions that are concerned with everyday physics. There is a strong emphasis upon phenomena that might be encountered in one's daily life.