What happens to the budget balance when we get to that long-run equilibrium?

当我们到达长期平衡点时，预算余额会是怎样呢？

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The long-run equilibrium exchange rate of developed countries is the purchasing power parity.

对于发达的经济体而言，其长期均衡汇率就是货币的购买力。

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The results showed that there were bi-directional relation and long-run equilibrium relationship.

结果表明：中国和美国棉花期货价格存在双向引导和长期均衡关系；

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The macroeconomy has a long-run equilibrium natural rate of unemployment and GDP from which unanticipated counter-cyclical policy can scarcely nudge the economy.

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By suppressing long-run interest rates, the Fed is distorting asset prices, including housing prices that need to fall to restore long-run equilibrium.

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George Alogoskoufis, an economist at the Athens School of Economics, and Richard Portes, of the London Business School, argue that shifts in portfolios could push the euro temporarily above its long-run equilibrium level.

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