每个命题的主语必须是一个资源。

The subject of every statement must be a resource.

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命题的宾语可以是资源或者文字。

The object of a statement can be a resource or a literal.

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但也有基于命题的特殊论述方向，只用于特殊事项。

But there are also those special Lines of Argument which are based on such propositions as apply only to particular groups or classes of things.

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So, that's the basic insight in Modigliani and Miller, that share repurchase and dividend are really interchangeable; it's just all a conceptual difference.

这即是莫迪利阿尼和米勒命题的内涵,股票回购和分红彼此是可替代的,只是概念上有所不同

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Hobbes' members of a state of nature seem to be in a classic prisoner's dilemma problem.

霍布斯自然状态的命题,看起来像一个经典的囚徒困境。

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I think the simplest way to understand Modigliani-Miller proposition is the following: imagine that we, as a board, decided to pay a dividend of $5 a share.

理解莫迪利阿尼和米勒命题,最简单的方式是,假设我们构成了一个董事会,决定以每股5美元的比例发放股利

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