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What does steady state mean and how does it relate to the system's equilibrium?
Steady state refers to a condition where a system's variables remain constant over time. It is a state of equilibrium where the system's inputs and outputs are balanced, leading to a stable state. In relation to the system's equilibrium, steady state indicates that the system has reached a point where there is no net change in its overall behavior, maintaining a consistent state of balance.
The steady state so vital to life is possible because?
all reactions are equilibrium
What a policy maker choose a steady stock with more capital most in the golden rule steady stock with less capital that in the golden rule steady stock explain your answer?
A policy maker might choose a steady stock with more capital in the golden rule steady state because it typically leads to higher consumption per capita in the long run. In the golden rule steady state, the marginal product of capital equals the depreciation rate plus population growth, maximizing utility over time. Opting for a higher capital stock allows for increased output and, consequently, greater resources available for consumption, enhancing overall economic welfare. Conversely, a steady stock with less capital may result in lower long-term consumption levels and reduced economic growth potential.
In the solow model how does the saving rate affect the steady state level of income?
In the Solow model, a higher saving rate leads to increased investment in capital, which raises the steady state level of income. As savings contribute to capital accumulation, the economy can support a larger capital stock, enhancing productivity. Consequently, in the steady state, a higher saving rate results in a higher output per worker, as long as other factors such as population growth and technological progress remain constant. However, diminishing returns to capital eventually limit the impact of increased savings on income levels.
What is the characteristic of a centrally planned economy?
One characteristic of a centrally planned economy is a steady money supply that is backed usually by gold or silver. This economy is moderated by the state in order to control availability.
Steady state gain of the system?
The steady state gain of a system is the ratio of the output to the input when the system has reached a constant output value for a constant input signal. It indicates how the system responds to a steady-state input, regardless of transient behavior. Mathematically, it is calculated as the ratio of the output to the input when the system has reached steady state.
How does red-shift support the steady state theory?
Red shift does not support the steady state theory.
What is this steady condition called?
In physiology, a steady state is called homeostasis.
What do you mean by steady state reactance?
If you use AC components (i.e. inductor or capacitor ) on DC circuit, they will initially behave different than at steady state. Steady state is the state in which the behavior is not changing with time. (theoretically after infinite time, practically within small time any ckt reaches steady state)
When does non-steady state diffusion occur?
Non-steady state diffusion occurs when there is a change in concentration over time in a system.
When discovered the steady state theory and when?
Steady State is not a "discovery", it's a hypothesis that has been disproved. According to Steady State, the Universe in the past should look the same as it does now. Observations of far-away galaxies show that this is not the case.
How much time does it take for a system to reach steady state?
The time it takes for a system to reach steady state can vary depending on the system and its characteristics. In general, it can take anywhere from a few seconds to several hours for a system to reach steady state.
How long has the universe existed going by the Steady State Theory?
The steady-state theory is obsolete - it is now known that the Universe does change over time (the Steady-State Theory states that it doesn't). According to the Steady-State Theory, the Universe has no beginning and no end.
What state processes of maintaining a steady state inside the body?
homeostasis
Steady state flow process?
In a steady state flow process, the rate of mass or energy entering a system is equal to the rate of mass or energy leaving the system. This results in a constant system state over time with no accumulation of mass or energy within the system. The system properties remain uniform throughout the process under steady state conditions.
What is the steady internal state that all organisms must maintain to survive?
Homeostasis is the steady internal state all organisms must maintain in order to survive.
What is our steady state environment for near term a 'period of consistent conflict'?
Irregular warfare is a term used for a steady state environment of a 'period of consistent conflict'
