Example sentences of "assumed to [be] [verb] [adv] " in BNC.
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| 1 | The rate of technical progress is assumed to be determined exogenously , which means that the steady-state rate of growth of output is unaffected by taxation ( it is equal to . |
| 2 | On the other hand , in the neo-classical version of the model , which applies when full employment is reached , the price level is determined by the nominal money supply and output is assumed to be determined exogenously . |
| 3 | In these models the economy is assumed to be adjusting continuously rather than moving in discrete jumps at intervals ( annual or quarterly ) corresponding to the available data . |
| 4 | The assumptions lying behind such targeted programmes are that the ‘ problem ’ is a bounded one , concerned with ‘ pockets of poverty or deprivation ’ , restricted areas of decay , which can be remedied through relatively limited expenditure and precise targeting of funds and activities to ‘ special ’ , different , difficult problems , limited problems which remain to be rooted out , while the rest of the system is assumed to be functioning well and on course for prosperity and harmony . |
| 5 | He contrasts the ‘ highly developed theory of market interaction ’ with the simplistic treatment of the public sector : ‘ the ‘ public choices ’ that define the constraints within which market behaviour is allowed to take place are assumed to be made externally or exogenously , presumably by others than those who participate in market transactions ’ ( Buchanan , 1972 , p. 11 ) . |
| 6 | But intermediate taxes on production costs , like the property tax , commercial vehicle licences and employers ' national insurance contributions , are assumed to be passed on in consumer prices . |
| 7 | The variable is assumed to be distributed independently of I and N ( and of other random terms ) , and across generations , with constant mean and variance . |