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As a percentage of global GDP, world exports, which have been on a slow steady decline in the past two years, have peaked.
The total number of experiments found in each city was taken as the dependent variable, and independent variables included those whose data was compiled during the selection of cities (Total Population, Total GDP, World City Rank and Density and adding Total Land Area, GDP per capita and Annual Population Growth).
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IN GDP-world, a society that drives is richer than one that cycles, as more money is spent.
It has averaged just over 4% of GDP since World War II.
Inventories: In the first half of this year, the U.S. reduced inventories at its fastest pace (relative to GDP) since World War II.
China's GDP, the world's recovery engine, is heading back up to what looks like a sustainable 8% growth rate.
Hayward, in the AEI debate, said spending has been between 21 and 23percentt of GDP since World War II.
We financed a much larger national debt relative to the size of the GDP during World War II.
Its share of world GDP, properly measured, is 12%; but its share of world GDP growth last year may have been as high as one-third.
In contrast, world GDP growth increased slightly.
The US has a quarter of world GDP.
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