keynes m 1936 the general theory of employment interest and money
Tài liệu The General Theory of Employment, Interest, and Money docx
... real wage sets a maximum level to employment. The propensity to consume and the rate of new investment determine between them the volume of employment, and the volume of employment is uniquely ... to the problem of the national dividend, maintains that the same theory holds when there is some involuntary unemployment as in the case of full employment. 3. Prof. Pigou’s Theory of Unemployment ... with the theory of employment I propose, therefore, to make use of only two fundamental units of quantity, namely, quantities of money- value and quantities of employment. The first of these...
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The special and general theory of relativity a einstein
... mentioned: The Special Theory of Relativity, Inertia of Energy, Theory of the Brownian Movement, and the Quantum-Law of the Emission and Absorption of Light (1905). These were followed some ... consider the motion of stars until we come to speak of the general theory of relativity. In accordance with the theory of relativity the kinetic energy of a material point of mass m is no ... reduced the number of independent hypotheses forming the basis of theory. The special theory of relativity has rendered the Maxwell-Lorentz theory so plausible, that the latter would have been generally...
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The mathematical theory of cosmic strings m anderson
... 0, the net change in χ jumps from 2π to 0 on some member C of the sequence of curves linking C to.Sinceφ must be a continuous function of the 28Cosmic strings and broken gauge symmetries the ... study the dynamics of general string configurations it is necessary to simplify the problemby removing some of the degrees of freedom. Since the thickness of a GUT stringis only a few orders of magnitude ... host of exotic and previously undreamt -of objects may have formed in the early, high-temperature, phase of the Universe, as condensates of the massivescalar field which forms the basis of the...
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the stock market, the theory of rational expectations, and the efficient markets hypothesis
... 14Implications of the Theory ãIf there is a change in the way a variable moves, the way in which expectations of the variable are formed will change as well.ã The forecast errors of expectations ... Investing in the Stock MarketãRecommendations from investment advisors cannot help us outperform the market.ãA hot tip is probably information already contained in the price of the stock.ãStock ... by the initial purchase price of the securitytt1tPCPPR+−=+R = the rate of return on the securityPt+1 = price of the security at time t+1, the end of the holding periodPt = price of...
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Tài liệu THE MATHEMATICAL THEORY OF NON-UNIFORM GASES pptx
... which might be formed from the matrix; the matrix is an ordered set of numbers, and the determinant is a certain sum of products of these numbers. The sum of two tensors is defined as the ... pressure of a gas on a bounding surface is identified with the mean time-rate of communication of momentum to the surface, per unit area, by molecular impacts; the momentum is imparted in a more ... extremely rapid. An important extension of the molecular hypothesis is the theory (called the kinetic theory of heat) that the molecules move more or less rapidly, the hotter or colder the body...
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TOWARDS A GENERAL THEORY OF BOND MARKETS pptx
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The RNA world hypothesis: the worst theory of theearly evolution of life
... stem of the small ribosomal subunit RNA and the ribosomal proteinthat binds to it. As this helical stem has the importantroles in the modern ribosome of decoding the mRNAmessage and in the movement ... origin of the ribosome, and what has be-come the most commonly held model for the origin of tRNA.In modern biological systems, the components of DNA are synthesized from RNA components [ 7], and ... self-replication of RNA which is the cornerstone of the RNA World. Nevertheless, there is a lot going for the RNA World(Bernhardt summarizes much of the evidence, and I add more below)whereas the other...
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Lectures On The Algebraic Theory Of Fields ppt
... Aknowledge of these is presupposed in these notes. In addition, we as-sume a familiarity with the elementary topology of topological groups and of the real and complex number fields.Most of the material ... number of elements.Proof. Let C be a class of conjugate elements and ω ∈ C. Let f(x)20be the minimum polynomial of ω in k[x]. Let σ be an automorphism of Ω/k. Then σω ∈ C. But σω is a root of ... an automorphism of Ω/k, becauseevery such automorphism is an isomorphism of K in Ω. It thereforefollowsiv) K/k is normal if and only if every isomorphism of K in Ω/k is anautomorphism of K...
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Đề tài " On the K-theory of local fields " ppt
... ω1(A ,M) /W (k)→ A/K→ 0 and from the isomorphism mentioned before the lemma. Thus, replacing Kby the maximal subfield of L which is unramified over K,wemay assume that the extension is totally ramified. ... isomorphisms and that the right-hand vertical map is amonomorphism. But the domain and range of the latter are both k-vectorspaces of dimension eK. Hence, this map is an isomorphism. This proves the claim.Suppose ... −→ · · · ,two out of three of the vertical maps are isomorphisms. Hence, so are the remaining vertical maps. To prove the claim, we consider the diagram of ON THE K -THEORY OF LOCAL FIELDS 450...
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THE ECONOMIC THEORY OF ILLEGAL GOODS: THE CASE OF DRUGS doc
... consumption of a good by members of a peer group lowers the utility of other members, that could stimulate greater consumption of this good by all other members through raising the good’s marginal ... target marginal consumers and increase their demands. It is more efficient for governments to try to reduce the demand for illegal goods of marginal consumers than of other consumers since the ... the increase in punishment reduces the use of drugs. The magnitude of this effect on consumption depends on the elasticity of demand: the more inelastic is demand, the smaller is this effect....
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