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Slack in sentence

189 examples of Slack in a sentence

Now, productivity increases and local innovation must pick up the slack.
But the rule is that governments should run surpluses and not deficits, so various American presidents’ economic advisers have been advocates of aiming for budget surpluses except in times of slack demand and threatening depression.
Readers learned of alternative approaches to forecasting inflation, of the prevailing low level of inflation expectations, and of the diminished pressure that resource slack places on costs (or a less reliable Phillips’ curve).
Fortunately, Fed officials are aware of the role of resource slack in driving inflation, with the January minutes noting that “estimates of the strength of those effects had diminished noticeably in recent years.”
As the US and other advanced economies become less hospitable to developing-country exports, rapidly growing emerging markets, help as they may, are unlikely to take up the slack and thus provide ample fuel for export-led growth.
Prolonged labor-market slack means falling real wages for most workers, with the negative effect growing as one moves down the wage distribution.
Those who think that the government should take up the slack in private spending point out that there is an abundance of growth-enhancing projects – a point that should be obvious to anyone familiar with America’s fraying infrastructure.
As economic activity in the region picks up, and the slack in capacity utilization begins to shrink, the relationship between growth, unemployment, and investment should return to normal.
Russia’s uncompetitive manufacturing sector certainly cannot pick up the slack, and this is unlikely to change, given Putin’s unwillingness to pursue the needed shift to a more knowledge-intensive economy.
Seventh, monetization of fiscal deficits is not inflationary in the short run, whereas slack product and labor markets imply massive deflationary forces.
Historically, such V-shaped recoveries have served the useful purpose of absorbing excess slack and providing a cushion to withstand the inevitable shocks that always seem to buffet the global economy.
No other country is capable of picking up the slack if America's economy remains soft.
And a large amount of slack remains in many countries’ product markets, with large output gaps and low pricing power for firms (an excess-capacity problem exacerbated by Chinese overinvestment).
There is considerable slack in labor markets as well: Too many unemployed workers are chasing too few available jobs, while trade and globalization, together with labor-saving technological innovations, are increasingly squeezing workers’ jobs and incomes, placing a further drag on demand.
Moreover, there is still slack in real-estate markets where booms went bust (the United States, the United Kingdom, Spain, Ireland, Iceland, and Dubai).
Stagnant middle-class incomes imply weak aggregate demand, which in turn means slack labor markets and stagnant wages for most workers.
Policymakers’ change of heart likely arose from a re-think about slack in the US economy, especially in the labor market.
Only where subsidies were drastically curtailed, and the market unleashed, has production started to revive as new businesses began to pick up the slack.
The US Federal Reserve keeps the short-term nominal T-bill rate near 1% only when the economy is depressed, capacity is slack, labor is idle, and the principal risk is deflation rather than upward pressure on prices.
That is the future that the bond market sees for America: a slack and depressed economy, if not for the next generation, at least for most of it.
It was essentially driven by politics: the ECB was picking up the slack for policymakers who were unwilling to fulfill their obligations.
If China’s economic slowdown persists – as those following investment booms and fueled by debt overhangs often do –the commodity downturn is likely to continue, as no other economy is capable of picking up the demand slack.
A carefully paced program could add enough to aggregate demand to pick up the slack in the economy, and reverse deflation, setting into motion a virtuous cycle.
As such, the host-city government itself often picks up the slack and bears the lion’s share of the cost.
And other emerging economies are not likely to pick up the slack.
In an economy of 30 million jobs, that translates into an increase in the unemployment rate of 3.5 percentage points – at a time when no sources of expanding private-sector demand exist to pick up the slack.
Given scarce public-sector resources, private investors must pick up the slack – and they are beginning to do so.
Opponents of quantitative easing worry that it augurs inflation – a peculiar position, given the European economy’s current slack.
Perhaps the country lending activities of the World Bank should be almost completely eliminated, with the private sector, and the regional development banks such as the Asian Development Bank and Inter-American Development Bank, picking up the slack.
But, with aggregate demand falling below growing aggregate supply, slack goods markets will lead to lower inflation as firms’ pricing power is restrained.
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