So it can be conclude that the stamp duty adjusted effect mainly comes from cost effect, not the psychology effect of policy orientation passed by the stamp duty policy.

说明印花税调整对交易量的影响主要来自成本效应，而非印花税调整所传递的政策导向对投资者的心理影响。

youdao

Through calculating the real example, it can be conclude that the value calculated by the approach of real option is far larger than that calculated by the approach of DCF.

由实例计算可知，用实物期权方法计算出来的价值远远大于用贴现现金流量法计算出来的价值。

youdao

By the same token, even if it is Mr Netanyahu who triumphs, Mr Obama must resist the temptation to conclude that the conflict is deadlocked and nothing can be done for now.

同样，就算是Netanyahu先生获胜，奥巴马先生也不能就此下结论说这场冲突已陷入僵局因此现在无事可做了。

youdao

Still, granted the premise, if you can't picture it or imagine it, you can't believe in it-- Should we conclude, therefore, that you can't believe you're going to be dead?

但让我们仍然基于，无法想象的东西是不能相信的这个前提-,我们就该得出，人不能相信自己的死亡,这一结论吗？

耶鲁公开课 - 死亡课程节选

It may be tempting to conclude that the poor are marginalising themselves, and there is not much that can be done about it.

ECONOMIST: American politics is both too rigid and too flexible

When the yet-to-be-hired Knight-sponsored fellows have wrapped up their investigations and sit down to draw up those best practices, will they conclude that most of what the Tribune has accomplished can be exported, or is it a flower that can only thrive in the soil of the Lone Star state?

FORBES: Texas Tribune Scores $1.5 Million Knight Foundation Grant