hold+in+equilibrium
11economic stabilizer — Any of the institutions and practices in an economy that serve to reduce fluctuations in the business cycle through offsetting effects on the amounts of income available for spending (disposable income). The progressive income tax, unemployment… …
12evolution — evolutional, adj. evolutionally, adv. /ev euh looh sheuhn/ or, esp. Brit., /ee veuh /, n. 1. any process of formation or growth; development: the evolution of a language; the evolution of the airplane. 2. a product of such development; something… …
13Monetary-disequilibrium theory — is basically a product of the Monetarist school mainly represented in the works of Leland Yeager and Austrian macroeconomics. The basic concept of monetary equilibrium(disequilibrium) was however defined in terms of an individual s demand for… …
14game theory — a mathematical theory that deals with strategies for maximizing gains and minimizing losses within prescribed constraints, as the rules of a card game: widely applied in the solution of various decision making problems, as those of military… …
15Nobel Prizes — ▪ 2009 Introduction Prize for Peace The 2008 Nobel Prize for Peace was awarded to Martti Ahtisaari, former president (1994–2000) of Finland, for his work over more than 30 years in settling international disputes, many involving ethnic,… …
16mechanics — /meuh kan iks/, n. 1. (used with a sing. v.) the branch of physics that deals with the action of forces on bodies and with motion, comprised of kinetics, statics, and kinematics. 2. (used with a sing. v.) the theoretical and practical application …
17international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …
18IS/LM model — The IS curve moves to the right, causing higher interest rates (i) and expansion in the real economy (real GDP, or Y). The IS/LM model (Investment Saving/Liquidity preference Money supply) is a macroeconomic tool that demonstrates the… …
19Equipartition theorem — [ Thermal motion of an α helical peptide. The jittery motion is random and complex, and the energy of any particular atom can fluctuate wildly. Nevertheless, the equipartition theorem allows the average kinetic energy of each atom to be computed …
20cluster — clusteringly, adv. clustery, adj. /klus teuhr/, n. 1. a number of things of the same kind, growing or held together; a bunch: a cluster of grapes. 2. a group of things or persons close together: There was a cluster of tourists at the gate. 3. U.S …
