Example sentences of "[noun] [noun sg] is assumed to be " in BNC.
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| 1 | Each input data source is assumed to be characterized by an error model that represents reasonable estimates of the levels and nature of the data uncertainty thought to be present . |
| 2 | In Figure 1.2 the home country is assumed to be small while the partner country and the rest of the world is large . |
| 3 | The effect of the income tax is assumed to be to reduce post-tax income ; the effect of indirect taxes is assumed to be an increase in the consumer price . |
| 4 | In the neo-classical model , where the price level is assumed to be flexible , the price level falls from OP to OP 1 and real income remains at the full employment level , OY f . |
| 5 | In the Keynesian model , the price level is assumed to be inflexible so that the fall in aggregate demand has the effect of reducing real income to OY 1 with the price level remaining unchanged at OP . |
| 6 | None of the ‘ training officer ’ group specifically mentioned this , although formal Chief Executive/Local Authority approval is assumed to be required in all cases . |
| 7 | In other words , the level of government expenditure is assumed to be exogenous , i.e. given from outside the model . |
| 8 | A growth annulus is assumed to be deposited each year , and microscopic rings are thought to record the length of lunar , daily and tidal cycles . |
| 9 | The production side is assumed to be represented by an aggregate production function relating output , Y , to total ( malleable ) capital , K , and labour , L : where F is a twice differentiable increasing concave function , homogeneous of degree one . |