THE MULPLIER CONCEPT Multiplier shows how an initial change in consumption‚ investment and government expenditure brings a multiple change in income. Multiplier is the ratio of change in the National Income to a change autonomous expenditure. An initial change in income will lead to greater increase in the final level of equilibrium National Income. SIZE OF THE MULTIPLIER The size of the multiplier depends on how much of an increase in income is spent in an economy. The multiplier is the direct
Premium Macroeconomics Ratio Tax
The historical event that I chose to address in terms of labor supply and demand was the technology boom of the 1990s. As the technology boom began to grow‚ the demand for computers and other electrical devices began to rise. People wanted to bring more of the electronic devices into their homes and their businesses. Car makers began putting technology into vehicles that would allow your windshield wipers to turn on automatically as soon as water hit the windshield. Companies began creating technology
Premium Supply and demand Robot Electronics
We all know Iron Man as the man in the red armor‚ yet we cease to know exactly what made the suit capable of it’s abilities. Nanotechnology is the prime reason behind Iron Man’s abilities in both the comic and movies. His suit actually contained little iron‚ in fact‚ the suit was “heavy‚ dense and prone to rust” (16). Thanks to Nanotechnology the suit was altered into something that would weigh less‚ be easier to maneuver in and prevent him from being injured during combat. As stated by Lynne Robinson
Premium World War II Human Iron
illustrated us a robot and asked: “What is your first impre -ssion if you think of a robot?”‚ almost all of us answered the same answer‚ which is a robot from the movie “Transformers” named “Megatron”‚ then he showed us what a robot looks like in real life. He showed is some pictures. Robots in real life are just arms or half body humanoids. He showed us how they work and entertained us by showing a video of dancing robots. The next topic
Premium Cathode ray tube Personal computer Robot
University of Coimbra – Portugal norberto@robotics.dem.uc.pt robotics.dem.uc.pt/norberto/ Welding 2001‚ International Workshop on Robotic Welding Systems and Process Monitoring‚ Portugal Outline 1. 2. 3. 4. 5. 6. 7. 8. 9. Robot Technology State of the Art Robot environment and Driving Forces to Automation Difficulties in Automation Improvements needed in the near future. Welding Application - Overview Software architecture Remote Services Adding equipment Conclusions Welding 2001‚ International
Premium Robotics Robot Industrial robot
There is no definition of a robot that satisfies everybody. International standard ISO 8373 defines a "robot" as an automatically controlled‚ reprogrammable‚ multipurpose‚ manipulator programmable in three or more axes‚ which may be either fixed in place or mobile for use in industrial automation applications. This definition works well for ISO’s main concern‚ industrial robotics‚ but it doesn’t really take care of other realms. Joseph Engelberger‚ a literal pioneer in industrial robotics‚ once said
Premium Robot Robotics Humanoid robot
leading scientists within robot-technology. He has created the world’s first human android with a lot of success. Takanori Shibata is the creator of Paro‚ the robot seal. Analysis: The film illustrates the fundamental ethic challenges between human beings and human androids. Hiroshi Ishiguro is one of Japans leading robot creators. He has built a copy of himself‚ a human android. His intention to build the robot was to replace him and his duties. He wanted the robot to replace him as a teacher
Premium Android Robot Humanoid robot
In the future the sun will rise and more people will greet their robotic pets. In the article Love in the Time of Robots by Frank Mullin is about My first reason why I am against robotic pets is they don’t need any resbonsisibilty to take caree of. In the article it says “But what does a child learn about responsibility when the only need the robotic dog has been to be recharged occasionally?” For kids learn responsibility they need a real pet. Some may say that is is easier to have a robotic pet
Premium Robot Robotics Psychology
Technology and science in Japan The technology industry is composed of companies producing electronic components‚ scientific and technical instruments‚ computer hardware and software‚ and computer services. It is a very fast paced‚ competitive industry in which innovation is the key to success. The technology industry employs a relatively large workgroup engaged in sales and promotion‚ as the success of a new or improved product depends heavily upon consumers being aware of‚ and interested
Premium Japan Humanoid robot Robot
other words‚ non-human man-made intelligence. I will examine in particular humanoid intelligence. Most scientists today agree that walking; talking humanoid robots with social intelligence will be commonplace in the future‚ raising new challenges for humankind. One of the the most well known scientist who are working on humanoids and robots is Dr. Frank Pollick. Dr. Pollick is a psychology lecturer at the University of Glasgow‚ UK‚ who is conducting a study of the social interactions between humans
Premium Human Robotics Robot