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When everyone saves, there's much less economic activity and much less growth.
But as an economic indicator, less gasoline pumped means fewer miles driven and less economic activity.
All that means less economic activity, lower tax revenues, less money in the city and state coffers.
Without bribes, the argument goes, it takes much longer to do anything, and you end up with less economic activity — fewer Walmarts, less trade.
Piracy's cost is measured in less innovation and less economic activity, as creators lose hope of making a living from their creations.
And the law's supporters note that less economic activity means reduced emissions of heat-trapping gases, making the law's goals — cutting carbon-dioxide emissions to 1990 levels by 2020 — easier to meet.
Similar(45)
For organisms having such a cyclic arginine pathway, this decrease illustrates a preference for transacetylation by ArgJ instead of using the less economic ArgA activity to produce N-acetylglutamate [ 8].
By itself, that rate mattered much less to economic activity than, say, those on 12-month corporate loans or 30-year mortgages.
Such low expectations prompt fears that Europe could teeter into a Japanese-style deflationary trap, in which consumers, expecting prices to fall, hold off on purchases, prompting businesses to produce less and economic activity to slow further.
"The activity of foregoing health insurance and attempting to cover the cost of health care needs by self-insuring is no less economic than the activity of purchasing an insurance plan," the opinion stated.
Energy price shocks have less effect on economic activity than in the past (the energy-to-GDP ratio has declined by more than 50% since the early 1980s).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com