Hence a fall in cane production causes an even sharper fall in sugar output (see chart).
In both the early 1980s and the early 1990s, such gloom heralded a big drop in manufacturing output (see chart).
Not surprisingly, renewables grew ten times faster than the OECD average from 1990 to 2010 and now account for 20% of electricity output (see chart).
They then calculated the correlations between Germany's output gap and the rest (see chart).
Of that output, only three songs ever hit the chart, including her torrid first single "Stay With Me" (audio).
The Congressional Budget Office has repeatedly revised down its estimates of America's output potential since 2007 (see right-hand chart).
As lower costs encourage firms to produce more at any given price (ie, the supply curve shifts from S1 to S2 in the chart), the long-term equilibrium level of output will rise and the price level will fall.
Although manufacturing and services continue to supplant farming as the dominant forms of South-East Asian output, much of the working population still relies on agriculture (see chart).
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Government revenues as a share of output are low by international standards and have fallen in recent years (see chart).
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Manufacturing's share of output and employment has dropped, though it remains larger than in most competitor countries (see chart 3, above).
But the output of goods less exposed to low-cost competition, such as cars and chemicals, has grown (see chart).
This chart shows that the burden of government spending in the Cayman Islands has climbed twice as fast as economic output since 2000.
But Mr Broadbent pulls together some striking evidence in support, including this wild and wacky chart (below) which looks like an electrical experiment gone wrong, but actually shows the movement of output across 81 sectors of the economy since the late 1990s.
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