Most economists believe that real economic variables and nominal economic variables behave independently of each other in the long run. for example, an increase in the money supply, a variable, will cause the price level, a variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a variable. the distinction between real variables and nominal variables is known as .

Amass of 1.5 kg of air at 120 kpa and 24°c is contained in a gas-tight, frictionless piston-cylinder device. the air is now compressed to a final pressure of 720 kpa. during the process, heat is transferred from the air such that the temperature inside the cylinder remains constant. calculate the boundary work input during this process.

Ahouse has the following electrical appliance usage (1) single 40w lamp used for 4 hours per day (2) single 60w fan used for 12 hours per day (3) single 200w refrigerator that runs 24 hours per day with compressor run 12 hours and off 12 hours find the solar power inverter size in watt with correction factor of 1.25.

Aloaded platform of total mass 500 kg is supported by a dashpot and by a set of springs of effective stiffness 72 kn/m. it is observed that when the platform is depressed through a distance x = 12.5 cm below its equilibrium position and then released without any initial velocity; it reaches its equilibrium position in the shortest possible time without overshoot. find the position and velocity of the loaded platform 0.10 sec. after its release. if a further load of 400 kg is added to the platform, find, i) the frequency of damped vibrations, and i) the amplitude of vibration after 2 complete oscillations, given that the initial amplitude is 15 cm.