Example sentences of "in the [adj] " in BNC.

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1 You may feel good when you get home and try on your new dress but , in the long-run , it too can create more problems , piling on the debt . ’
2 The question is important because it gives some clue as to the likely rise in the long-run house price to income ratio ( because demand for housing has shifted upwards , while supply remains relatively constant ) .
3 Changes in the money supply are neutral in the sense that they do not affect real output in the long-run .
4 In the long-run , however , unemployment and real output will return to their ‘ natural ’ levels , so that the full effect of the increase in the money supply will then be on the price level .
5 In the long-run , this money illusion will disappear as workers come to realise that price inflation is depriving them of their perceived increase-in real income .
6 But this also will only be a short-run position as inflationary expectations will be revised upwards to 8 per cent in the long-run and the Phillips curve will shift upwards again , this time to curve C.
7 It follows from the above account of the expectations-augmented Phillips curve that in the short-run , both Y and P rise ( and unemployment falls ) , but that in the long-run , unemployment returns to the NUP and Y falls back to that level associated with the NUP .
8 This means that in the long-run , the full effect of any monetary expansion will be on the price level .
9 So when the actual rate of inflation rises to 4 per cent in Fig. 6.4 , people continue to expect zero inflation for a while and only in the long-run do they revise their expectations upwards towards 4 per cent .
10 We have seen that monetarists hold the view that inflation is caused by excessive money supply growth and that attempts to reduce unemployment below the NUP will be futile in the long-run because the long-run Phillips curve is vertical .
11 The main reason why the long-run Phillips curve may have a negative slope is that workers may continue to suffer from money illusion in the long-run and so be prepared to accept money wage increases which fall short of the actual inflation rate .
12 In section 6.4 , we develop a simple model of inflation which incorporates elements of the expectations-augmented Phillips curve : in doing so , we accept the post-Keynesian view that the Phillips curve retains some negative slope in the long-run .
13 Only if productivity increases is it possible in the long-run for both groups to be successful .
14 In other words , in our model we accept the view that the inflation-unemployment trade-off is less favourable in the long-run than in the short-run , but we do not adopt the more extreme view that the trade-off disappears completely in the long-run .
15 In other words , in our model we accept the view that the inflation-unemployment trade-off is less favourable in the long-run than in the short-run , but we do not adopt the more extreme view that the trade-off disappears completely in the long-run .
16 In the long-run I 'd like to be looked on as a composer rather than a stick player .
17 They prefer them mainly because they face regulations that reward stable growth in returns from year to year rather than the more volatile — but , in the long-run , almost certainly higher — returns they would earn by holding more equities .
18 Hence the state can act in the long-run interests of capital against the current wishes of short-sighted capitalists .
19 Civil servants in an advanced industrial state are meritocratically selected ( Therborn , 1978 ) even though their tasks are to plan in the long-run interests of capitalism .
20 However , arbiter theorists have no faith in the long-run neutrality of the courts .
21 American federalism was also explained by Charles Beard ( 1935 ) as a device which promoted national integration in the long-run interests of the merchant class .
22 This could be to the club 's advantage in the long-run , however , because with supporters at a loose end on Saturdays , they have an ideal opportunity to visit the ‘ old home ’ and Mr Singh 's new megastore .
23 This appears to be the case for equation ( 2.2 ) which has the property that a rise of 10 points in JXC ( i.e. 0.1 ) will raise the stock of inward investment by some 2.4% on impact , and by some 8.2% in the long-run .
24 The importance of the dynamic wealth terms is readily apparent in the long-run dynamic steady-state version of ( 2.3 ) .
25 Moreover , the results have reinforced the belief that the general equilibrium effects are potentially important and can be safely ignored only in special circumstances ( this , we shall see , is even more true in the long-run models explored in the next Lecture ) .
26 On the other hand , just as in the case of short-run macro-policy we consider offsetting changes which keep the level of aggregate demand unchanged , so in the long-run growth context we may want to compare situations where the aggregate capital-labour ratio is unchanged .
27 In assessing the impact of policy , one must remember that what seems fixed and unalterable can in the long-run be adjusted — as the designers of the window tax discovered .
28 The profits won by the producer , which in the short-run view seem clearly a monopoly rent attributable to the monopolized resource , turn out to be , in the long-run view , the profits of competitive entrepreneurship .
29 In the long-run the provision of this support will need to be done electronically and suitable tools need to be developed to allow simultaneous interactive online support of users .
30 A rising level of real national income in the long-run is called economic growth and this is yet another policy objective of governments .
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