Ratio
in sentence
1146 examples of Ratio in a sentence
Europe’s bank-market
ratio
was 3.2 in 1990; by 2011, it had risen to 3.8.
As of last December, Banco Popular still had a tier 1 capital
ratio
of over 12%, which is only slightly below average and 50% above the minimum requirement.
Japan, the world’s third largest economy, has an extraordinarily high currency-to-income
ratio
(roughly 20%), so Bitcoin’s success there is a major triumph.
With nominal GDP stagnating, that deficit is causing the debt/GDP
ratio
to rise by 10% annually.
With a debt/GDP
ratio
of 230%, a four-percentage-point rise in borrowing costs would cause the annual deficit to double, to 20% of GDP.
For bank loans, the
ratio
is almost two to one; for long-term financing, it may reach as high as ten to one.)
In the US, which experienced a 1.8-percentage-point decline in aggregate savings as a share of GDP, the savings-to-GDP
ratio
among the young declined by 1.25 percentage points, whereas the figure for middle-aged savers actually increased by about 1.5 percentage points.
These favorable effects are directly relevant to balancing the primary adverse effects usually associated with a fiscal deficit: that government borrowing crowds out private capital formation; that higher interest payments generally require higher taxes or reductions in spending on defense and nondefense programs; that a budget deficit implies an unwanted increase in aggregate demand when the economy is at full employment; and that a higher debt
ratio
leaves less capacity for increased emergency government spending.
Similarly, concern about the
ratio
of government debt to GDP, which has doubled in the past decade and is now 77%, is exaggerated.
The Congressional Budget Office projects that even with no further legislation, the debt
ratio
will rise to 91.2% by 2027.
But even a massive spending program like the $900 billion American Recovery and Reinvestment Act of 2009 would add only an additional three percentage points to the debt
ratio.
It is hard to believe that a debt
ratio
of 97% would make that more difficult to achieve than a debt
ratio
of 92%.
A tax on carbon dioxide emissions or a slowdown of spending growth for federal entitlement programs can start to bring the debt
ratio
back down toward the 50% level that prevailed before the 2008-2009 downturn.
Not donating a kidney, he says, thus means valuing your own life at 4000 times that of a stranger – a
ratio
he describes as “obscene.”
The coming year will be a milestone on this path: France is targeting a 3%-of-GDP budget deficit in 2013, down from 5.2% in 2011 and 4.5% in 2012, and a lower debt/GDP
ratio
from 2014 onward.
People aged 60 or more represent almost 20% of the population in rich countries today, whereas in the world as a whole this
ratio
is not expected to be reached before 2050.
Moreover, because the elderly tend to spend more and save less, rich countries will also face changes in the
ratio
of savings to consumption in their national income, as well as in the composition of what is purchased.
The number of working-age Japanese will thus fall sharply, bringing the
ratio
of workers to retirees to about one.
Estimates suggest that Japan would need 10 million immigrants per year until 2050 just to maintain the
ratio
of workers to pensioners that it had in 1995!
Today, unemployment in the eurozone’s south is three times higher than in the north; the debt/GDP
ratio
is almost 50 percentage points higher; and borrowing costs for southern European companies are 250 basis points higher than for northern companies.
The employment-to-population
ratio
in the US remains flat – mired at the very low levels to which it fell during the recession.
Likewise, the share of a wealthy person’s net worth attributable to wealth transfers is, on average, less than 20% – that is, less than the one-third
ratio
for the middle class.
And, for the wealthiest 1%, the
ratio
fell sharply, from 23% in 1989 to 11% in 2010.
It is neither here nor there to claim that “had the UK not used a labyrinth of rules and regulations to hold nominal interest rates on debt below inflation, its debt-to-GDP
ratio
might have risen over the period 1945-1955 instead of falling dramatically.”
Yet India’s investment-to-GDP
ratio
is now slipping, from over 35% in the last eight years to below 30% today.
Rather than recognizing the beauty of laws otherwise discovered, we use principles of beauty – vast symmetry and a high
ratio
of output to input – to enable discovery.
Complicating matters further, China’s monetary authorities are already struggling to maintain financial stability under conditions of slowing economic growth, a total debt-to-GDP
ratio
of around 250%, and monetary-policy normalization on the part of the US Federal Reserve.
Italy’s sovereign debt already totals more than 130% of its GDP – the second-highest
ratio
in the EU (after Greece).
The adaptive licensing model thus recasts drug licensing as a more fluid process, based on the benefit-risk
ratio.
Successful consolidation generally relies on spending cuts rather than tax increases – indeed, at a
ratio
of five or six to one.
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