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As of December 2023, 1,065.9 km (662.3 mi) [107] of motorways are in use with a small portion of Lugoj-Deva (between Margina and Holdea) to be finished while Sibiu-Pitești is still tendering. The railway network , which was significantly expanded during the Communist years, is the fourth largest in Europe.
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The Bachelier model is a model of an asset price under Brownian motion presented by Louis Bachelier on his PhD thesis The Theory of Speculation (Théorie de la spéculation, published 1900). It is also called "Normal Model" equivalently (as opposed to "Log-Normal Model" or "Black-Scholes Model").
The Calvo model has become the most common way to model nominal rigidity in new Keynesian models. There is a probability that the firm can reset its price in any one period h (the hazard rate ), or equivalently the probability ( 1 − h ) that the price will remain unchanged in that period (the survival rate).
1. Chocolate Fondue. Think of that fondue fountain at the buffet as Willy Wonka's sacred chocolate waterfall and river. The chocolate must go untouched by human hands, or it will be ruined.
For this study, researchers used an animal model of cancer tumors. During the study, the animals were fed a diet rich in fructose. “It has been well established for over a century that cancer ...
The Blick nach Rechts (BNR, View to the Right) is a social democratic German-language information service which appears every two weeks on the Internet.Its concern is the current "information about far-right activities" (subtitle: "Aufklärung über rechtsextreme Aktivitäten"), which in the opinion of the initiators aren't noticed enough by the German media.
President-elect Trump has tapped Andrew Ferguson to serve as chair of the Federal Trade Commission, an anti-trust and consumer protection agency.