The catechism goes like this: lower rates will induce taxpayers to work longer and harder, fueling more investment.
Burying a system in a cave reduces the rate of cosmic-ray induced soft errors to a negligible level.
Extremely high rates of sediment input can exceed tolerance thresholds and induce mangrove die backs.
Unlike in 1993, when refinancing boomed, today's relatively low long-term rates have mainly induced home owners to shift from adjustable-rate mortgages to fixed-rate mortgages.
Greenspan, pointing to "extraordinary" gains in the economy, said the Fed was "increasingly persuaded that the lower rate of inflation induces a higher rate of productivity."
The lower real rate of interest would induce more borrowing to finance investment.
The rate of legal, induced abortion varies extensively worldwide.
A certain rate of rotation induces a small difference between the time it takes light to traverse the ring in the two directions according to the Sagnac effect.
He said shipping companies sometimes offer special rates to induce shippers of waste paper to use containers to transport their product to ports in Europe and Asia.
Lower rates are inducing additional housing activity," he continued, "and as a result we will see activity that is markedly stronger than what we have been expecting.