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Italy was running budget surpluses after interest payments and also saw its government debt/GDP ratio decline, until it was hit by the crisis.
Demographers estimate that declines in dependency ratios are responsible for about a third of the East Asian economic miracle of the postwar era; this is a part of the world that, in the course of twenty-five yearsawsaw its dependency ratio decline thirty-five per cent.
The company attributed its expense ratio decline to a combination of operating efficiency, a record level of net cash inflows, strong financial markets in 1997 and its corporate structure, under which the Vanguard Group is jointly owned by the Vanguard funds and provides services to the funds at cost.
Although even greater benefits might be realized if treatments are imposed before crown vigor and live crown ratio decline, the timing will need to be balanced against higher cost of thinning denser stands and the ability of managers to identify potential crop trees.
It will be a positive sign for the bulls should the ratio decline, as this will signify an unwinding of pessimism that shows investors moving money from defensively postured positions back into stocks.
Fukuda et al. [13] found a sex ratio decline appeared in about 280 days following the earthquake, thus indicating the need for a long term analysis of the consequences of the Wenchaun earthquake.
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Britons' savings ratio declined last year to just 5percentnt.
As the cutter becomes narrower the extraction ratio declines sharply.
The ratio declines for lower-level executives, down to one and a half times salary for store managers.
The GTP ratio declined over time as mass was recovered in both 2D and 3D simulations.
When the age ratio declines, as it is likely to do until about 2018, the market's P/E will also decline.
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CEO of Professional Science Editing for Scientists @ prosciediting.com