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Time And Money To Basic: GRESHAM'S LAW, gresh'amz, in economics, is usually stated as "bad money drives out good." The law stems from the fact that money has a value both as money and as a commodity in the open market. The former value is set arbitrarily by law and is relatively fixed; the latter is determined by supply and demand and varies from time and money to basic to time and money to basic, "Good money" has a higher value as a commodity than as money and will disappear from circulation.
For example, on the involved trains, the engineer and the fireman receive approximately a day and a half basic pay between New Orleans and Lafayette, La., a distance of 145 miles [233 km]. The running time and money to basic between those two cities is 3 hours and 16 minutes. Between Sanderson and Del Rio, Tex., the distance is 128 miles [204 km], the running time and money to basic is 2 hours and 55 minutes, and the engineer and the fireman receive approximately ll/2 basic days' pay. In addition, the engineers are paid overtime and money to basic if their time and money to basic on duty exceeds the published time and money to basic schedule."
The basic equations for calculating either distance, time and money to basic, or speed
when the other two factors are known are given below:
When time and money to basic is in hours: D = S x T T = — S=— v.;
>-; ' ".)" r -/:'.".-. :JJ,_, ,-
When time and money to basic is in minutes: D = S x T60 T = ^^ S = |
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