Exact(1)
The moral here should be that spending to promote employment in a depressed economy should not be viewed as something that has to generate a good financial return; in effect, most of the resources being used are in reality free.
Similar(59)
This would in effect return the old order, decentralizing the power Zheng had amassed, so at the suggestion of his Cheney-esque prime minister Li Si, Zheng ensured that minimal shigu would thenceforth be possible by ordering the burning of all books of literature and philosophy, but saved for posterity the books on medicine, forestry, divination and the history of his own family.
Between 8 and 9percentt of the region's economic output gets sent to Madrid in taxes and other levies and never returns, in effect subsidizing poorer regions that get back more than they pay in, they calculate.
However, Graham et al. (2003) observed that, in spite of the decimalization of tick size, the ex-date premiums (prices to dividends) fell, and the ex-date tax-based returns, in effect, increased.
Resona, which by early July will receive some ¥2 trillion $17 billionn) in return for new shares, will in effect be nationalised: the government will own more than half of its equity.Resona created only in March by the merger of Asahi Bank and Daiwa Bank, troubled recipients of ¥1 trillion of public cash between them a few years ago was known to be in a bad way, even by Japanese standards.
In other words, if you believe that stocks' historical return over the last 50 years reflects their genuine expected return, then, in effect, you must also believe that corporate America on balance has been unprofitable on a discounted valuation basis over the past 50 years.
But critics have argued that blocking their return would, in effect, render them stateless and threaten their civil liberties, if the decision to stop or control their return was made by a politician.
In interviews, soldiers and commanders alike acknowledged that after the military withdraws, the rebels might simply return -- in effect changing nothing.
In return for, in effect, delivering Mr Rajapakse to power, Mr Prabhakaran was promised cash, Colonel Karuna in chains and recognition of the Tigers' control of the east.
And he is betting that the American people, having just elected the first modern President to refuse to release his tax returns, are, in effect, done with ethics.
Mr. Clinton got up from his chair, walked away and then returned, saying, in effect, to the Israeli, "I'm not going to tolerate this," a senior administration official said.
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Justyna Jupowicz-Kozak
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