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The economist Menzie Chinn, using purchasing power parity exchange rates, reckoned the renminbi's undervaluation to be 40%. But, after the World Bank revised China's GDP in PPP terms downward by 40%, that undervaluation disappeared. Nick Lardy and Morris Goldstein suggest that the renminbi was probably undervalued only by 12-16% at the end of 2008. And Yang Yao of Beijing University has put the misalignment at less than 10%.

经济学家陈庚辛基于购买力平价的计算显示,人民币汇率被低估40%,但如果考虑世行用购买力平价对中国GDP的调整,高估的40%几乎全部抹平;拉迪和戈德斯坦的结论是人民币被低估12%~16%(截至2008年底);北京大学姚洋的计算显示只有不到10%。

Actually, people like Zai Yu, who was intelligent and talented, yet overambitious and careless in behavior, and like Zi Yu, who had great ability hidden beneath a plain exterior, are around us, too. It is just that we easily make the mistake of judging people by their appearance or by their words, thereby failing to appreciate people's talents or else overestimating them.

事实上,像宰予这样聪明有才华,却又志大行疏的,或者像子羽这样其貌不扬,却沉潜有才的人,在我们的周围并不是没有,只不过我们很容易犯以貌取人,以言断人的毛病,而错失了人才或高估了人才。

Later on Saturday and into Sunday, keep your head down and resist the urge to overanalyze.

周六晚一点的时候和周日,保持低调,努力避免高估自己。

Two: We overweigh new risks relative to comparable risks we are accustomed to.

二、和那些我们已经知道、习以为常的危险相比,我们大大高估了新危机的严重性。

Two: We overweigh new risksrelative to comparable risks we are accustomed to.

二、和那些我们已经知道、习以为常的危险相比,我们大大高估了新危机的严重性。

Finally, value investors should completely exit a security by the time it reaches full value; owning overvalued securities is the realm of specula?

最后,价值投资者应当在证券价格达到全部价值时全部出清,只有投机者才会持有高估的股票。

IMPLICATIONS: Volatile anesthetics suppress the stapedius reflex in a dose-dependent manner, suggesting that threshold measurements acquired during volatile anesthesia will overestimate the maximum comfort level, which may adversely affect the patient's adaptation to the cochlear implant.

挥发性麻醉药以剂量依赖的方式抑制镫骨肌反射,提示挥发性麻醉期间需要的阈值测定会高估最大舒适水平,这会反向影响患者对耳蜗植入的适应性。

PET slightly overestimate extent of necrosis myocardium and can't distinguish transmural necrosis from subendocardial necrosis.

PET高估心肌坏死范围,且不能判断心肌梗死的透壁程度。

Most conventional methods for the extraction of substrate network were based on the use of frequency behavior of Y22 + Y21. However, we found that the feedback signal through the internal circuit elements makes the conductance of the substrate network underestimated while makes the susceptance of the substrate network overestimated. If conventional methods are directly performed on large area SiGe HBTs, a negative effective substrate resistance will be extracted. In the first part of the thesis, a new extraction method for the substrate network parameters of SiGe HBTs is proposed. When extracting the substrate network parameters, the feedback signal through internal circuit elements is considered. All the circuit elements of substrate network are extracted from Ysub instead of Y22 + Y21. The extracted substrate network parameters show a different bias dependence as compared to the conventional methods. By using a simple n+-p junction, we successfully explained the extracted bias dependent substrate network parameters. We developed a series linear regression equation to extracted the intrinsic circuit elements from the ABCD parameters. Compared with the conventional methods which extracted the circuit elements from Y-parameters or Z-parameters, the proposed method is much simple and easy to implement in the computer programs.

传统方法在萃取基板网路参数时,常常由所量得的Y22 + Y21来著手,但我们的研究发现,利用Y22 + Y21的频率关系来萃取基板参数时,基板网路的电导会被低估而基板网路的电纳则会被高估,另外传统基板网路参数萃取方法在萃取大尺寸元件基板网路参数时会得到负值基板等效电阻,以上的非理想效应皆因忽略部份信号会经由本质参数对基板网路做回授的影响,因此本论文中提出一个新的基板网路参数萃取方法,在萃取基板网路参数时考虑了由本质参数所回授的信号,并且由Ysub而非Y22 + Y21萃取基板等效电阻、基板等效电容及基板与集极空乏电容,成功的解决上述的一些非理想效应,所得到的基板网路参数与集极偏压的关系与传统方法所得的趋势相异,经由一个简单的模型成功的解释了所萃取得到的基板网路参数与偏压的关系,在萃取本质参数时,我们舍弃传统萃取方法中常用的Y参数或Z参数萃取方程式,而改用ABCD参数,并提出一系列的线性回归方程式,萃取所有的本质参数,与传统方法比较起来,比较简单而且容易建立在使用者的参数萃取软体中。

This is because people tend to overestimate the market's potential while underrating its risks and difficulties.

这就是人们倾向于高估市场潜力而低估他的风险和困难。

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I didn't watch TV last night, because it .

昨晚我没有看电视,因为电视机坏了。

Since this year, in a lot of villages of Beijing, TV of elevator liquid crystal was removed.

今年以来,在北京的很多小区里,电梯液晶电视被撤了下来。

I'm running my simile to an extreme.

我比喻得过头了。