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There is also the possibility that higher information asymmetry leads to a reduction in the term of bank debt, with an increase in short-term bank debt and a reduction in long-term bank debt but without bank credit rationing.
The $3,300 amount is a 25-percent reduction in finance charges due to a reduction in the term of the loan.
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"In both primary and secondary categories approximately 70% of schools are anticipating reductions in capital expenditure… in terms of IT spending approximately 40% of both primary and secondary schools are expecting a reduction in the year ahead".
The benefit expected was a reduction in use of this service in the longer term.
"We know that there's been a reduction in opportunistic purchases of new psychoactive substances, but overall have we gained in terms of social outcomes?" he asked.
All deciles would see a reduction in after-tax income of at least 0.9percentt over the long-term.
This represents a reduction of 39% in terms of the maximum friction force.
However, this comes with a small reduction in terms of peak rates (lower than 20%).
We observed an 81·8% reduction in the incidence of TEs with long-term eculizumab treatment.
Additionally, as I mentioned before, ambassador programs also offer brands a significant cost reduction in terms of hiring great talent.
A reduction in physician salaries followed, many fearing this would be a long-term result of government-run healthcare.
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