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In the latest go-round, those arguing that monetary mismanagement allowed the recession to take place are fending off critics on two fronts: those favouring an Austrian, "recalculation" version of the downturn, and those arguing that it was a balance-sheet recession.Let's begin with the recalculation story.
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This fifth and final version brought all the calculation and recalculation full circle: it moved the sounding of the horn all the way back to a point just short of the crossing.
CC, DC participated to the recalculation of assumptions and to the interpretation of the data.
We used the 1998 TEF values because the response data sets evaluated here relied upon those TEF values (or an earlier version), and the original data were not available for recalculation.
It could be a modern version of the 19th-century railroad trusts, which came to symbolize American business run amok and eventually became a catalyst for a sweeping recalculation of the ties between the public and private sectors.
It is 72 cents in the bank's recalculation.
The statement notes a recalculation of banking financial covenants.
Not all the news from Dr. Brenner's recalculation was optimistic.
Mr. Hill, his request for a recalculation denied, also asked Judge DeSoto for clarification.
This recalculation makes the 60's the shortest, fastest decade in history.
Part of what the city wants is a recalculation of those rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com