Standard
in sentence
2222 examples of Standard in a sentence
So what happens when the labor of a large number of working-age Americans, regardless of their education, is rendered technologically redundant or no longer commands an income adequate to provide a minimally decent
standard
of living?
In the longer term, more radical policies – such as the introduction of a negative income tax or a basic income – must be considered, with the goal of providing a guaranteed minimum
standard
of living regardless of employment status and market wage.
But what may be permissible and justifiable in a financial emergency may not be appropriate as
standard
practice during normal times.
It happened in the 1930’s, when one country after another abandoned the gold standard, trying to export its unemployment.
By any standard, China’s household sector has very low leverage, with a debt-to-deposit ratio of 47.6%.
Two decades ago, in their book Changing Fortunes, Paul Volcker and Toyo Gyohten underscored the glaring double
standard
of crisis resolution: “When the [International Monetary] Fund consults with a poor and weak country, the country gets in line.
The process resembles the selection of a
standard
in, say, consumer electronics.
People tend to opt for the
standard
(VHS, Windows, DVD) that they believe will come out on top, and thus contribute to that victory.
Unfortunately, multi-drug resistant tuberculosis (MDR-TB), which is any TB resistant to the traditional treatments of isoniazid and rifampicin, represents a serious challenge: because
standard
treatment is less effective in curing it, its transmission continues.
For example, one of the studies that we reviewed found that no
standard
therapy in the initial or secondary phase of treatment was associated with an unsuccessful outcome or death.
On the other hand, setting the rule-of-law
standard
too high will also misfire.
Public institutions were rapidly modernized, political democracy adopted, and a
standard
market economy created.
Nonetheless, according to the Financial Times which reported the IMF chief’s views, “the IMF would not recommend them as a
standard
prescription either – as they carried costs and were usually ineffective.”
In 1989, Poland and Ukraine had approximately the same
standard
of living; today, Poles are three times richer.
But so are populist arguments for tightening monetary policy – in the US, Donald Trump, following Ted Cruz and other Republican leaders, has advocated a return to the gold
standard.
When output crumbled due to a profound banking and financial crisis (linked to the collapse of the gold standard), tax revenues plummeted in the US and Europe, and conservative governments tried to cut budget spending to limit budget deficits.
Standard
economic theory tells us that net inward migration, like free trade, benefits the native population only after a lag.
Immigration thus enables a larger population to enjoy the same
standard
of living as the smaller population did before – a clear improvement in total welfare.
Thirty-five years ago, in a supreme act of modern statecraft, Zhou En-lai and Richard Nixon signed the Shanghai Communiqué, which set the following unambiguous standard: there is only one China, and Taiwan is part of it.
The
standard
daily ration is 150-300 grams (5-10 ounces) of corn or rice (equivalent to roughly four slices of dry bread), depending on the location.
These policies could then be entirely subjugated to the demands of the gold
standard
and free capital mobility.
The attempt to reconstitute the pre-World War I model of globalization collapsed in 1931, when domestic politics forced the British government to choose domestic reflation over the gold
standard.
But a serious student of the Depression – which Skidelsky used to be – knows that, compared to the 1920s, the UK had a relatively smooth ride in the 1930s, not least because abandoning the gold
standard
in 1931 allowed for monetary-policy easing.
Bernanke’s research also stressed that the sooner a country abandoned the gold standard, the better off it was.
Adhering to the gold
standard
during the Great Depression implied a deflationary monetary-policy bias, since it required keeping interest rates relatively high to encourage investors to hold deposits in banks rather than demanding the gold that backed them.
After all, the US went off the gold
standard
in 1933, and the Fed cut the discount rate to 1.5% in 1934, ending deflation (except for minor episodes); but the unemployment rate did not fall consistently below 15% until 1941 and the onset of World War II.
We were taught the
standard
models of the day, but they made little sense to us.
Our models helped explain why markets didn't work in the way the
standard
theory said they should: why markets might not exist, why there might be unemployment, why there might be credit rationing.
In Slovakia, where nationalist sentiments were an important political factor after 1989, the political spectrum has not yet coalesced along
standard
right-left political axis.
The main political battles occur between nationalist/populist forces, whose outlook have in essence been undemocratic, and forces that struggle for
standard
democracy.
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