Shares are deemed pricey when the p/e ratio is above its long-run average.
如市盈率超出长期平均状况，股份价格即被视为昂贵。
You see, some things may cost a bit more in the short-run, but be worth it in the long-run.
你看，有些东西短期内可能会贵一些，但长远来看是值得的。
The long-run fiscal picture is very bleak.
财政的长期图景很暗淡。
What happens to the budget balance when we get to that long-run equilibrium?
当我们到达长期平衡点时，预算余额会是怎样呢？
The fundamental source of long-run deficits is rising health-care expenditures.
长期赤字的根本源头就是持续上涨的医疗保健花费。
Reduce the long-run mileage the week before the race to no more than five miles.
在比赛前一周把长距离跑步减到5英里或更少。
The number of mortgages approved for house purchase is around half the long-run average.
获准的购房抵押贷款数量大约是长期平均水平的一半左右。
Some argue that keeping people on unemployment benefits may have long-run advantages.
有的人认为提供更长的失业救济可以获得长期好处。
Combined, small steps will lead to big improvements that will be easier to maintain over the long-run.
小小改变的积累就可以成为大的改进，这样更容易维持长久。
And one thing that's particularly interesting is the dramatic long-run decline in relocations. Have a look.
在搬迁问题上，一个特别有趣的现象是迁移率整体上呈长期大幅下降趋势。
Singapore is also closer to fair value, according to The Economist's long-run average ratio of house prices to rents.
按照经济学人的长期平均的房屋租售比来看，新加坡的房价也更合理一些。
The commission's own assessment suggests that the FTT could reduce long-run GDP in Europe by anywhere from 0.5% to 1.8%.
委员会自己的评估显示金融交易税可能会使得欧盟的长期GDP降低0.5%到1.8%。
They would explain that discretionary spending has little to do with the long-run imbalance between spending and revenues.
他们会解释说，可自由支配支出与开支与收入之间的长期失衡关系并不大。
Some economists think the Big Mac index has been surprisingly accurate in predicting long-run movements in exchange rates.
一些经济学家认为巨无霸指数在预测长期汇率波动方面一直惊人的准确。
The economy not only regains its lost ground, but, within a year, it typically catches up to its rising long-run trend.
经济不仅会收复失地，而且一般来说，一年之内，就会追赶上它的长期增长趋势。
Even if the economy grows, growth will be well below its long-run potential, and unemployment will rise to 7%, perhaps higher.
即使经济增长了，其增长率也会比长期增长潜力差距很多，而失业率将上升到7%或更高。
As you know, the sample process is a long-run process, which means there may be many instances running on the production server.
如您所知，样例流程是一个长期流程，就是说，可能有多个实例运行在生产服务器上。
He expects a second round of price declines: a further 20% fall would bring prices back to their long-run average against earnings.
他预言会出现第二轮的价格下跌：20%的进一步下跌将使价格对收入的比率回归至长期平均水平。
Eventually one side or the other of that divide will get the kind of popular mandate it needs to resolve our long-run budget issues.
最后，这种分歧的一方或另一方终会得到解决我们的长期预算问题所需的民众授权。
But in the face of real shocks central banks also need to follow short-run stabilisation policies consistent with long-run price stability.
但是面对现实冲击，中央银行也必须采取短期稳定政策，与长期价格稳定的目标相一致。
The ratio of home prices to rents, a measure of the extent to which houses are over- or under-valued, has fallen back near its long-run level.
用以测量房屋低估或高估程度的房屋价格与租金比回落至接近长期水平。
I think ads are only one of the paths that attention takes, and in the long-run, they will only be part of the new ways money is made selling the free.
我认为广告只是注意力会走的途径之一，长期看来，广告只是通过销售免费产品赚钱的新方式的一部分。
Homes are 30% overvalued against the long-run ratio of prices to rents, the gauge used in the Economist's quarterly round-up of global house prices.
相比长期租金比率，住房价格被高估30%——引自《经济学人》的全球房价季度汇编。
This publication has argued consistently that while America needs to address its medium- and long-run fiscal challenges, immediate austerity would be a mistake.
本报一直强调，美国固然要应对自身中期和长期的经济挑战，但做出迅速节制消费的决定会是一个错误。
Central bank officials are also quick to point out that they exercise almost total control over long-run inflation but much less control over long-run employment.
央行官员同样很快指出，长期通胀率几乎完全在他们的掌控之中，然而对长期就业率的掌控就稍逊一筹了。
Central bank officials are also quick to point out that they exercise almost total control over long-run inflation but much less control over long-run employment.
央行官员同样很快指出，长期通胀率几乎完全在他们的掌控之中，然而对长期就业率的掌控就稍逊一筹了。
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