EconomicsDynamic memoryPower-law memoryFading memoryMultiplierAcceleratorFractional derivativeFractional integralFractional dynamicsFractional calculusIn this paper we discuss a concept of dynamic memory and an application of fractional calculus to describe the dynamic memory. The concept of memory is considered ...
Last, soft power itself does not generate real interests for a country until combined with hard power, which gives soft power a "multiplier effect" (Nye, 2018). Notably, although soft power is a concept put forth by Western scholars and considered by many (including Joseph Nye himself) as ...
Explain the concept of the multiplier effect. Explain the crowding hypothesis and construct a graph of it. Using the one-period model as an example, explain how crowding out works. Explain impact of lifted quota in the economy. Does crowding out occur in the long run or the short run? Exp...
that is, periods of prosperity followed by periods of depression. However, the waves of prosperity and depression need not always be of the same length and amplitude. Further, trade cycles varied tremendously in magnitude. While some have smaller cyclical fluctuations in economic...
Along the line suggested by Nicholas Kaldor, the paper incorporates into the analysis of a dual economy effective demand as a problem of generation of agri... B Amit,S Rune - 《Cambridge Journal of Economics》 被引量: 62发表: 2003年 The economic impact and multiplier effect of a family pr...
Gross Domestic Product (GDP)measures total income of everyone in the economy. Nominal GDPvalues output using current prices. It is not corrected for inflation. Real GDPvalues output using the prices of a base year. Money multiplier: the amount of money the banking system generates with each dol...
Obviously, such strategy not only would improve the efficiency of budget spending, but also produce a multiplier effect on the economy by changing and optimizing the consumption patterns of the population, increasing the competition in all markets for a real consumer. It has a chance of reducing ...
INTRODUCTION The recession and very slow growth of the past seven years has led to a...Boyes, William J.Ludwig von Mises InstituteThe Quarterly Journal of Austrian EconomicsBoyes, W. J. (2014), The Keynesian Multiplier Concept Ignores Crucial Opportunity Costs, in: The Quarterly Journal of ...
No.10 also utilizes the “Conda Effect” to develop air-multiplier product such as bladeless fan, as shown in Figure 11. The high-speed airflow flows in from the base of the bladeless fan, and then it flows out from the narrow gap reserved by the top ring structure. The low pressure ...
Benedek, Z.; Fertő, I.; Szente, V. The multiplier effects of food relocalization: A systematic review.Sustainability2020,12, 3524. [Google Scholar] [CrossRef] Németh, K.; Birkner, Z.; Katona, A.; Göllény-Kovács, N.; Bai, A.; Balogh, P.; Gabnai, Z.; Péter, E. Can ...