GDP, he argued, does not allow for the depreciation of capital goods so it exaggerates productivity gains.
Still, this exaggerates the overvaluation, since profits will presumably recover from today's depressed levels.
Unfortunately, a pattern is being established whereby President Obama routinely exaggerates the Muslim character of America.
Rather, it exaggerates them, with a sort of frozen hysteria, to the point of something fiercely original.
What he likely exaggerates is the speed of rollout, even as he downplays the funding capital required.
But some of his critics make a more reasoned point: that he exaggerates how bad things are.
EU, Mr Laqueur is right that it is having a mid-life crisis, but he exaggerates its gravity.
Secondly, the first-past-the-post system exaggerates the advantage of the winning party, particularly at the expense of third parties.
But this rise exaggerates the problem, because the proportion is of a much lower total of days lost.
The business intelligence industry probably exaggerates its own importance to whip up business.
If anything, the Cleary Act probably exaggerates the amount of prevalent campus crime.
But the more unknowable a risk is, the more it exaggerates the impact.
And many agronomists hold that relying on year-to-year yield changes for modelling exaggerates the damage due to longer climate shifts.
In pursuit of his argument that new democracies undermine civic institutions, he exaggerates some of the bad things they have done.
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However, many economists have wondered if the jobless data exaggerates the problem.
Ghemawat believes that mainstream opinion exaggerates how globalized our world really is.
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Yet we cannot rely on these ratios because China both exaggerates its GDP and hides tens of billions of dollars of military expenditures.
Ryanair makes a great fuss about tackling Lufthansa head-on, but its blustery boss, Michael O'Leary, perhaps exaggerates this to grab headlines in German newspapers.
And just as he exaggerates the downside of new democracies, so he tends to minimise the drawbacks of the slow process of incremental change.
This fear probably exaggerates their options: given their dismal poll ratings, the Lib Dems have no interest in provoking a general election any time soon.
But this report exaggerates the number of people who are impacted.
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But according to the authors, this ratio exaggerates how far the poor have been left behind because it does not account for different inflation rates.
The feeble economy also exaggerates the share accounted for by government.
Recent coverage also exaggerates the risks to issuers of using BABs.
It exaggerates the scale of the slide and misunderstands its cause.
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This CBO baseline data assumes the 2001 and 2003 tax cuts expire, so it exaggerates the increase in the future tax burden compared to current policy.
"Assuming a vehicle lifetime of 200, 000km exaggerates the global warming benefits of electric vehicles to 27-29% relative to petrol and 17-20% relative to diesel, " it said.
As for the title: It actually refers to a posh district in Seoul where people are considered trendy and lavish, and the video colorfully exaggerates this uber-affluent lifestyle.
This almost certainly exaggerates the actual cannibalization of book sales by libraries (consumer marketers know that self reported purchase intent notoriously overstates actual purchase behavior), but cannibalization does occur.
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