61.   For other stocks, the nominal value is fixed in terms of pounds sterling and hence all such stocks decline in real value due to price inflation.

62.   The decline in overall volume encouraged the proposed merger with LIFFE.

63.   However, the decline in the Tokyo stock market, which has rendered many warrants worthless, may seriously damage the market.

64.   Seasonal variables were significant in each of the equations, generally showing a sharp decline in issuance every December.

65.   However, the decline in profitability since then, when concentration has changed little and output has grown strongly, contradicts any suggestions of low competitiveness.

66.   On balance contestability has increased, partly explaining the decline in profitability.

67.   The decline in profitability can also be explained by factors relating to the nature of trade in the eurobond market between borrowers and intermediaries.

68.   In a lengthy study of Britain it addressed in particular what it described as the rather fashionable debate on the imminence of change and decline in the Anglo-American relationship.

69.   Consider a step decline in the level of money wages from.

70.   The general decline in the level of money wages would lead to reductions in real wages, which in turn would encourage employers to hire more workers.