The true level of the equity premium is not merely an academic debate.
There is currently an active debate about the true level of unemployment in Spain and how it compares to official government statistics.
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The market does not have access to all the inside information that might reveal the true level of risk in the firm.
And so, given the declining participation rate, the 20% underemployment figures may actually understate the true level of unemployment in the economy.
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The difficulty is that people do not often know their true level of heart disease risk - and may simply decide to treat themselves.
Mr Straw said that the accounting changes were introduced, on police recommendation, in order to produce a more accurate picture of the true level of crime.
It is a motivated group, made up of former stars and eager to prove that their recent poor seasons don't represent their true talent level.
What is true at the corporate level is also true in aggregate.
The same holds true for the next level, but unfortunately, the conclusion falls apart.
This is often true for the leaders, of course, but it can also be true for mid-level operatives.
He said lawyers would argue the guilty plea was "not a true reflection of the level of criminal culpability".
And isn't demand for oil lower than it would have been if the price of oil had been at its true market-clearing level?
And it is true at the business level, where companies with greater diversity in senior management have higher returns, lower volatility, more innovation, greater customer focus, better stockholder returns and lower gender pay disparity.
But Federer remained serene throughout and, like a true champion, raised his level when it counted, breaking with a backhand pass in game 12 to take the vital set.
While long-standing luxury brands will most likely be fine if they deliver true quality and the high level of service well-heeled consumers expect, some other brand categories probably won't survive this new era of non-gratuitous spending.
After we ramp this all up to the long-term future of TV, we come back to reality with Windows Home Server's inclusion of Media Center features -- while not to the level of a true headless Media Center PC, this move might foreshadow (maybe not too-distant) future development of just such a kit.
This requires, depending on position, true elevated performance beyond the current level in most contracts.
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But last night, Silver triumphed: every one of his state-level presidential predictions proved true.
True social businesses take the same level of openness and transparency used externally and apply them internally to improve their core daily business functions.
At one level that may be true this time too, but against the background of the expenses scandal, voters are harder to be persuaded.
Since the eruption of the Enron scandal, Andersen has borne the brunt of an outsized portion of criticism for the company's failure because it certified as fair and accurate Enron's financial reporting--including its use of off balance sheet partnerships to disguise the level of Enron's true indebtedness.
"It is true in some cases, based on the level of damage and other factors, owners may want to voluntarily sell their homes and relocate, " Bloomberg said.
"A lot of these models are FDA approved for these companies so that they can use it as a true proving ground to get to the next level of testing, " Martindale told CNN.
On a political and cultural level to differing degrees, this is true of every country around the world.
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Through these efforts CORE strives to realize the true open sharing of resources among universities at a global level.
Such initiatives promote mutual understanding on a person-to-person level and are the building blocks of any true community.
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