Equivalent
in sentence
1166 examples of Equivalent in a sentence
In 2011, China’s energy consumption climbed 9.7%, reaching 3.7 billion metric tons of standard coal
equivalent
– the fastest growth rate since 2007.
China can now generate 6.2 gigawatts of solar power and 68.3 gigawatts of wind power – the
equivalent
of 50 coal-fired power plants – and has nine of the world’s top ten solar-energy companies, which together produce 65% of the world’s photovoltaic panels.
This two-way dependency – the economic
equivalent
of what psychologists call codependency – has deep roots.
Furthermore, during the past 10 years, only about two-thirds of worldwide demand for nuclear fuel – about 68,000 tons of natural uranium
equivalent
are needed for 2010 – was met from resources obtained from mining.
CDOs are a form of financial alchemy: special-purpose vehicles that buy the financial
equivalent
of lead (low-rated mortgaged-backed securities) and finance themselves mostly with the financial
equivalent
of gold (highly sought-after AAA bonds).
Vietnam, for example, has reported that natural disasters, some of them exacerbated by climate change, have caused annual losses
equivalent
to 2% of its GDP.
The only parallel that could be drawn was limited to Asia: pundits wondered whether China was gradually becoming the modern
equivalent
of Germany under Kaiser Wilhelm II, with mounting regional tensions over China’s territorial claims resembling, to some extent, the situation in the Balkans on the eve of WWI.
What is worse is when the economic policy response becomes the
equivalent
of blaming foreigners: imposing new forms of trade barriers.
What is the modern
equivalent
of branding with a scarlet “A,” which was the penalty for adultery in colonial New England?
Carstens throws in an environmental objection, too, for good measure: the electricity used in the process of mining Bitcoin is
equivalent
to the daily consumption of Singapore.
According to one Swiss Re study, Barbados loses the
equivalent
of 4% of its GDP every year to hurricane-related costs.
The PC has become the modern
equivalent
of cotton: so basic has it become to our lives that, despite the fact that around 200 million PC’s are sold each year, it now simply generates an electronic yawn.
To be sure, the US also intervened after the crisis, implementing a fiscal stimulus package in 2009 that, along with other transfers, raised median disposable income growth by the
equivalent
of five percentage points.
Its gravitational
equivalent
cannot.
The new tariffs will boost the price of foreign-made solar panels – the functional
equivalent
of a tax hike on energy consumers and a setback for efforts to boost reliance on non-carbon fuels.
In fact, international purchases by Chinese are now
equivalent
to the value of all of the consumer goods China currently imports, even without taking into account fast-rising online overseas purchases.
A long period of sluggish growth as a result of bloated government debt would be the
equivalent
of an extended bout with cancer after the heart attack that our economies have just survived.
Up to 100 tons of heroin are estimated to pass through Tajikistan each year, which is
equivalent
to the estimated annual North American and West European demand.
In general, the eurozone has outsized banks (assets
equivalent
to 325% of GDP) that are highly leveraged (the 15 largest banks’ leverage is 28.9 times their equity capital).
The post-Bretton Woods liberalization of capital controls, in the absence of
equivalent
protections for workers, led to predictable results.
The Trump deal would shift the Chinese piece of America’s multilateral imbalance to higher-cost imports from elsewhere – the functional
equivalent
of a tax hike on American families.
Globally, more than 30 million tons of oil
equivalent
are consumed in the form of primary energy every day,
equivalent
to 55 kilowatt hours per person per day, with rich countries, on average, consuming more than twice that figure.
By comparison, smoking four cigarettes a day will cost the smoker around two microlives, roughly
equivalent
to living in Beijing.
What happened in Cologne last December has no
equivalent
in peacetime Western Europe.
The McKinsey Global Institute estimates that digital labor platforms could increase US GDP by 2.3% and US full-time
equivalent
employment by 2.7% by 2025.
As a result, the government proposed replacing this unnecessary debt in the pension system with an
equivalent
claim on accounts in the PAYG pillar, indexed by nominal GDP.
Myanmar’s GDP is now only around 0.2% of Asia’s,
equivalent
to the size of cities such as Bristol, Delhi, or Seville.
Nonetheless, further effort was needed to strengthen the pay-as-you-go pension system by the
equivalent
of one percentage point of GDP.
This reduction in the demand for low-skilled workers could be offset by taking into account the hourly
equivalent
of transfer payments when calculating the minimum wage.
For example, someone who receives $8,000 a year in transfer payments (such as food stamps, housing assistance, and the Earned Income Tax Credit) might be deemed to have received the
equivalent
of $4 an hour toward meeting the minimum wage.
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