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Decide whether each of these statements is True (T) or False
A 100% efficient gear system has a gear ratio of 3 to 1. When a torque of 200 N is applied and the input
Shaft rotates at 20 rev/s:
(i) The output shaft rotates at 30 rev/s.
(ii) The output shaft torque is 600 N m.
Exchange Rates
The value of one currency for the purpose of conversion to another, influencing international trade and economics.
Capital Flight
Refers to the rapid movement of large sums of money or capital out of a country, typically to safer or more profitable markets.
Domestic Inflation
The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling within a country.
Demographic Transition
A theory describing the transition from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.
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