Search results
Results From The WOW.Com Content Network
Input bias current and input offset current also affect the net offset voltage seen for a given amplifier. The voltage offset due to these currents is separate from the input offset voltage parameter and is related to the impedance of the signal source and of the feedback and input impedance networks, such as the two resistors used in the basic ...
In an economic model, an exogenous variable is one whose measure is determined outside the model and is imposed on the model, and an exogenous change is a change in an exogenous variable. [1]: p. 8 [2]: p. 202 [3]: p. 8 In contrast, an endogenous variable is a variable whose measure is determined by the model. An endogenous change is a change ...
In economics, an input–output model is a quantitative economic model that represents the interdependencies between different sectors of a national economy or different regional economies. [1] Wassily Leontief (1906–1999) is credited with developing this type of analysis and earned the Nobel Prize in Economics for his development of this model.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Damped oscillation is a typical transient response, where the output value oscillates until finally reaching a steady-state value.. In electrical engineering and mechanical engineering, a transient response is the response of a system to a change from an equilibrium or a steady state.
They assume that behaviour depends only on current and past states of the economy. Recursive dynamic models where a single period is solved for, comparative steady-state analysis, is a special case of recursive dynamic modeling over what can be multiple periods.
You cannot produce an output before you have got an input, and once you have bought an input, it takes time to produce an output, which becomes an input to the next cycle of production. The new output is not reducible to the sum of inputs, because it is a new use-value to which new value has been added by living labor.
The labour supply curve shows how changes in real wage rates might affect the number of hours worked by employees.. In economics, a backward-bending supply curve of labour, or backward-bending labour supply curve, is a graphical device showing a situation in which as real (inflation-corrected) wages increase beyond a certain level, people will substitute time previously devoted for paid work ...