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The Phillips curve assumes that inflation expectations are:
TON Instruction
stands for "Timer ON Delay" in PLC programming, used to activate an output after a predefined time delay once the input becomes true.
Reset (RES)
A command or signal that initiates the restart or reinitialization of a device, system, or software to its default state.
Logic Continuity
Logic continuity refers to the unbroken flow of logical operations or conditions in a system, ensuring that the logical structure is maintained from input through processing to output.
TOF Timer
A "Timer Off-Delay" that starts timing when its input turns off, and after the preset time, changes the state of its output.
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