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Personal income, excluding capital gains, has grown relatively smoothly by comparison.
This may be why private equity investing abroad has grown relatively slowly compared with the regions that the firms desire to invest in.
The compromise averted a political melee over redistribution, but because spending in these programs has grown relatively slowly in the last 20 years, it did little to eliminate the disparities.
Hong Kong is already a mature, prosperous enclave that has grown relatively immune to the blandishments of mutual prosperity that helped keep it stable during 16 years of Chinese rule.
Instead, he urged support for his policies by stressing that the economy has grown relatively briskly for about a year, adding more than 1.5 million jobs since last August.
Even in Canada, where the output of PhD graduates has grown relatively modestly, universities conferred 4,800 doctorate degrees in 2007 but hired just 2,616 new full-time professors.
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But now his firm has invested heavily and, he says, can hold its own.Indian labour may even have grown relatively cheaper.
The company's mobile offerings, which have grown relatively stale, have been completely redesigned for Apple iOS, Google Android and the mobile Webwith a slick and simple interface and a batch of new features.
Even when a village prospered in one place, it would commonly split in two after the population had grown relatively large so that all cultivators would have ready access to the soil.
East European economies have grown relatively fast in recent years, their labour forces are shrinking fast (partly because of emigration, partly because of ageing populations) and unemployment has dropped quickly in the past half-decade.
By adding his estimates to those of Mr Cutler, Mr Mulligan predicts that Americans will work 3% less in 2015 than they otherwise would have.Interestingly, the number of jobs in sectors most affected by Obamacare, such as retail, leisure and hospitality, have grown relatively quickly, notes Alec Phillips of Goldman Sachs.
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