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In macroeconomics, the triangle model employed by new Keynesian economics is a model of inflation derived from the Phillips Curve and given its name by Robert J. Gordon. The model views inflation as having three root causes: built-in inflation , demand-pull inflation , and cost-push inflation . [ 1 ]
A macroeconomic model is an analytical tool designed to describe the operation of the problems of economy of a country or a region. These models are usually designed to examine the comparative statics and dynamics of aggregate quantities such as the total amount of goods and services produced, total income earned, the level of employment of productive resources, and the level of prices.
A right triangle ABC with its right angle at C, hypotenuse c, and legs a and b,. A right triangle or right-angled triangle, sometimes called an orthogonal triangle or rectangular triangle, is a triangle in which two sides are perpendicular, forming a right angle (1 ⁄ 4 turn or 90 degrees).
Two right triangles are similar if the hypotenuse and one other side have lengths in the same ratio. [10] There are several equivalent conditions in this case, such as the right triangles having an acute angle of the same measure, or having the lengths of the legs (sides) being in the same proportion.
In this example of a traditional IS–LM chart, 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, invented by John Hicks in 1936, gives the underpinnings of aggregate demand (itself discussed below). It answers the question "At any given price level, what ...
Triangles within technical analysis are chart patterns commonly found in the price charts of financially traded assets (stocks, bonds, futures, etc.). The pattern derives its name from the fact that it is characterized by a contraction in price range and converging trend lines, thus giving it a triangular shape.
An example of which was the consequential devaluation of the peso, [which?] that was pegged to the US dollar at 0.08, eventually depreciating by 46%. [ citation needed ] This in turn implies that the country implementing the peg has no ability to set its nominal interest rate independently, and hence no independent monetary policy.
In Euclidean geometry, the AA postulate states that two triangles are similar if they have two corresponding angles congruent. The AA postulate follows from the fact that the sum of the interior angles of a triangle is always equal to 180°. By knowing two angles, such as 32° and 64° degrees, we know that the next angle is 84°, because 180 ...