Sentences with phrase «real output»

Assuming constant velocity, inflation is caused by the difference between the growth in the money supply and growth in real output.

Sometimes, it is difficult to disentangle the effects on real output from simultaneous supply and demand shocks.

When people are feeling more conservative and want to hoard cash or rebuild their balance sheets, you can inject more money into the system and it doesn't bid up the prices of real output because everybody wants to hold more cash rather than spend it or invest it.

«Our working assumption is that long - run cryptocurrency returns should be equal to (or slightly below) growth in global real output — a number in the low single digits,» the strategists said.

Notes: Labour productivity: total economy real output per hour (constructed from BLS and BEA data).

Over the year to the March quarter, real output increased by a little under 5 per cent, and growth in the non-farm economy was somewhat stronger than that.

He said,»... there has been a persistent predictive relationship between term spreads and future real output, though the precise parameters may change over time».

«Our working assumption is that long - run cryptocurrency returns should be equal to (or slightly below) growth in global real output — a number in the low single digits,» they said.

If the Fed were to respond to weaker real output resulting from a negative supply shock by taking actions to stimulate aggregate demand, higher inflation would be the ultimate result, not higher real output.

The result is a fictitious statistic pretending to measure how much the GDP — real output — would go up if they all rented from a landlord class.

Over the year to the March quarter, real output growth again exceeded 4 per cent, and indicators point to further strong growth in the June quarter.

By definition, inflation equals the growth in the monetary base, plus the growth in monetary velocity, minus the growth in real output (this follows from the monetary identity PY = MV).

Most of it came through a stunning rise in real output, made possible by the economy's depressed prewar state, a flood of women into the labor force and business innovation to meet the demands of war and the civilian economy.

For this hour, the planned power output was 1843MW and the real output was 1847MW.

The real output was mostly birds, killed by the moving blades.

Where transaction outputs normally indicate under what conditions the receiver of a transaction may later spend the bitcoins, these dummy outputs are really just random numbers to ensure that only the person who generated the blinding factor can spend the bitcoins in the real outputs.