81. As a result, Argentina came under rising pressure to devalue its currency as the outflow of funds led to a cash crunch which strangled economic activity. 82. Argentine stocks rose amid expectations that company earnings will be boosted by a recovery in economic activity and changes in labor legislation. 83. As a result, economic activity is stirring in Germany. 84. As manufacturing and agriculture have sagged, rural areas and cities alike have turned to the service sector to create jobs and generate economic activity. 85. At one level is the macroeconomic environment, including the level of economic activity, inflation, exchange rates and interest rates. 86. At one pole of economic activity, immigrants perform much of the stoop labor that most Americans find beneath them. 87. Aside from spending cuts, one way to do that is to boost economic activity, which should increase tax receipts. 88. At so high a level, Sachs argues, economic activity is discouraged and the already sluggish Brazilian economy will soon find itself in a severe recession. 89. Auto production accounts for about one-tenth of economic activity in Brazil, the largest buyer of Argentine goods. 90. Bank aid accounted for a small proportion of the economic activity in those countries but much more in nations that have failed to emerge from poverty, he said. |