商业周期

If this stability can be maintained , one of the worst features of the cycle will have been obviated.

如果这种稳定状态可以保持下去，商业周期最坏的一个特征就得以消除。

This truth is obscured by the business cycle, which causes revenues and margins to fluctuate, and by the vicissitudes of investor sentiment, which cause shares to be derated and rerated (the dividend yield to rise and fall).

这一事实却总被两类现象所掩盖：第一是商业周期，导致企业收入与毛利波动；第二是投资者信心的荣衰，致使股票评级上下调整。

This truth is obscured by the business cycle, which causes revenues and margins to fluctuate, and by the vicissitudes of investor sentiment, which cause shares to be derated and rerated (the dividend yield to rise and fall).

保证金和利润水平由于商业周期循环上下波动，投资者情绪的阴晴导致股票下跌和重新评级，这样一来，上文提到的理论就变得复杂晦涩起来。

This truth is obscured by the business cycle, which causes revenues and margins to fluctuate, and by the vicissitudes of investor sentiment, which cause shares to be derated and rerated (the dividend yield to rise and fall).

和利润水平由于商业周期循环上下波动，投资者情绪的阴晴导致股票下跌和，这样一来，上文提到的理论就变得复杂晦涩起来。

That support is now dwindling. Geoffrey Hewings, an economist at the University of Illinois at Urbana-Champaign, explains that Illinois is apt to enter business cycles later than the country, but that its downturns are usually deeper and longer. The state lost 100,700 jobs in 2008, 73,600 in November and December alone.

伊利诺伊大学厄本那—香槟分校的经济学家Geoffrey Hewings解释说：伊利诺斯州进入商业周期要比全国其它地区都慢，但遇到衰退却下滑得更深，时间也持续得更久。2008年，全州共失去100，700个工作岗位，其中仅11－12两个月就占73，600个。

Whole libraries have been written on specialized fields alone, such as money and banking, foreign trade and foreign exchange, taxation and public finance, government control, capitalism and socialism, wages and labor relations, interest and capital, agricultural economics, rent, prices, profits, markets, competition and monopoly, value and utility, statistics, business cycles, wealth and poverty, social insurance, housing, public utilities, mathematical economics, studies of special industries and of economic history.

整个体系已经分门别类，如货币与银行，外贸与外汇，税务与公共财政，政府管制、资本主义与社会主义，劳资关系，资本与利率，农业经济学，租值，价格，利润，市场，竞争与垄断，价值与效用，统计学，商业周期，富裕与贫穷，社会保险，住房，公共事业，数理经济学，特殊行业研究和经济史研究。

Inexpensive Chinese goods have kept down our inflation rates and enabled us to prolong the upswings of our business cycles because the Fed doesn't have to raise interest rates so quickly in order to slow inflation.

廉价的中国产品已经降低了我们的通货膨胀率，也使我们能够延长商业周期的上扬态势，因为美联储没有为了放慢通货膨胀的速度而不得不迅速提高利率。

The business cycle is a series of peaks and troughs.

商业周期是一系列的高峰期和低谷期。

Even without these depressants Europe's business cycle was probably past its prime.

即使没有这些镇静因素欧洲商业周期的全盛时期可能过去了。

Thus, Asian growth remains too dependent on US markets, despite the potential to internalise the trade and reduce the region's vulnerability to US business cycles.

因此，尽管亚洲有可能将贸易内部化，减少本地区面对美国商业周期的脆弱性，但亚洲的经济增长仍过于依赖美国市场。

The absorption and distribution of chromium were studied in ryeusing nutrient culture technique and pot experiment.

采用不同浓度K2CrO4(0，0.4，0.8和1.2 mmol/L)的Hoagland营养液处理黑麦幼苗，测定铬在黑麦体内的亚细胞分布、铬化学形态及不同部位的积累。

By analyzing theory foundation of mathematical morphology in the digital image processing, researching morphology arithmetic of the binary Image, discussing two basic forms for the least structure element: dilation and erosion.

通过分析数学形态学在图像中的理论基础，研究二值图像的形态分析算法，探讨最小结构元素的两种基本形态：膨胀和腐蚀；分析了数学形态学复杂算法的基本原理，把数学形态学的部分并行处理理念引入到家实际应用中。