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Economic expansion and contraction refer to the overall output of all goods and services, while the terms "inflation" and "deflation" refer to rising and falling prices of commodities, goods and services in relation to the value of money. [4] From a microeconomic standpoint, expansion usually means enlarging the scale of a single company or ...
Thermal expansion generally decreases with increasing bond energy, which also has an effect on the melting point of solids, so high melting point materials are more likely to have lower thermal expansion. In general, liquids expand slightly more than solids. The thermal expansion of glasses is slightly higher compared to that of crystals. [5]
In physics, the thermal equation of state is a mathematical expression of pressure P, temperature T, and, volume V.The thermal equation of state for ideal gases is the ideal gas law, expressed as PV=nRT (where R is the gas constant and n the amount of substance), while the thermal equation of state for solids is expressed as:
In thermodynamics and fluid mechanics, the compressibility (also known as the coefficient of compressibility [1] or, if the temperature is held constant, the isothermal compressibility [2]) is a measure of the instantaneous relative volume change of a fluid or solid as a response to a pressure (or mean stress) change.
Negative thermal expansion (NTE) is an unusual physicochemical process in which some materials contract upon heating, rather than expand as most other materials do. The most well-known material with NTE is water at 0 to 3.98 °C. Also, the density of solid water (ice) is lower than the density of liquid water at standard pressure.
Figure 1: Thermal pressure as a function of temperature normalized to A of the few compounds commonly used in the study of Geophysics. [3]The thermal pressure coefficient can be considered as a fundamental property; it is closely related to various properties such as internal pressure, sonic velocity, the entropy of melting, isothermal compressibility, isobaric expansibility, phase transition ...
Poisson's ratio of a material defines the ratio of transverse strain (x direction) to the axial strain (y direction)In materials science and solid mechanics, Poisson's ratio (symbol: ν ()) is a measure of the Poisson effect, the deformation (expansion or contraction) of a material in directions perpendicular to the specific direction of loading.
An economic theory that defines wealth by the amount of precious metals owned. [48] business cycle. Also called the economic cycle or trade cycle. The downward and upward movement of gross domestic product (GDP) around its long-term growth trend. [49] The length of a business cycle is the period of time containing a single boom and contraction ...