Notice that the effect of sequestration by a multiplier calculation is relative to the path that GDP would otherwise have been on.
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The 41.5 percent increase in the size of the federal government is relative to 2011, which itself is a very inflated baseline compared to historical levels of federal spending.
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If you own a mutual fund, look at the beta of the fund to get a sense of how volatile the price is relative to a benchmark or an index.
Nothing is free, but the cost is relative to not hopping aboard the greatest rocket ship ride since the advent of the web, and the rise of the PC before that.
Furthermore, the business presents the company with an opportunity to diversify its customer base and attain a superior revenue mix, considering its higher pricing is relative to the car sharing service.
To a considerable degree, that is the case, but much of this is relative to defensive technologies rather than new offensive tactics and capabilities that can serve to better accomplish missions and shorten conflicts.
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But even if that is the case, the contribution to his career attributable to that penalty is insignificant relative to the work, struggle and practice he personally put into his own career.
The same can be said for apparel houses and retailers of all stripes, but one thing going for Guess? is its cheapness relative to what the market is willing to pay for similar companies.
When asked for his thoughts on Falkirk manager Steven Pressley's comments that clubs who tried to keep their accounts in the black were at an unfair advantage, Smith was keen to point out that it is all relative to a club's ability to service the debt that they accumulate.
Typically, the more decisively the former is resourced relative to the latter, the more likely it is that hostile parties will be dissuaded from threatening us or our interests.
Because the sample of households is small relative to the total number of households, the series is notoriously volatile.
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OK, so BP is cheap relative to the broader market but not to its peers.
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Viewed in this light, the recent success of the Dutch economy is merely relative to a worse past.
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In comparison, Caplan said, stopping Guinea worm is effective relative to the expenditure.
Under these conditions, equity is overpriced relative to a valuation which fully accounts for the conflicts of interest between minority and majority investors.
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The small business investment market is small relative to the broader pooled investment market, presenting less risk for regulators in making a dramatic change.
Whether tax rate increases are totally self-defeating or only partially so, their cost in reduced economic activity is high relative to tax revenue gained.
No one can deny that the number of workers paying into the system at the base of the pyramid is declining relative to the number of retirees.
It is small relative to other investment banks--but hardly irrelevant.
Gold is scarce relative to paper in the current environment.
The bottom line is that state and local governments may not regulate or tax non-residents in a manner that is unfavorable relative to how residents are regulated or taxed.
Currency traders in Eastern Europe use the euro as their main reference currency, and will typically choose their trades based on what the European currency is doing relative to the dollar.
Competency is also relative to the charges being brought.
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There, as well as in Milwaukee, Chicago, Miami and much of the rest of Florida and California, construction is slow relative to the overall housing stock and relative to normal levels.
According to the index, the Indian Rupee is undervalued (relative to the US dollar) by nearly 62%, and along with South Africa, is one of the two major world economies that is undervalued at over 50%.
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That measure, known as price-to-earnings-to-growth, suggests the stock is undervalued, relative to growth prospects.
Now, however, we have to worry about another pricing discrepancy: WTI is very cheap relative to similar grades of oil on the world market (for background, see this post).
This could stand to gain some status among economists relative to what is afforded to mathematical rigor and methodological innovation.
Again, the goal is to show relative performance of the schools, not to predict any one individual's dollar payback.
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