1.   The consequence of this is that the real wage level exceeds the equilibrium one so that there is, simultaneously, high real wages and unemployment.

2.   Of course, this particular case depends on the assumption that the reversion level exceeds the most preferred level.

3.   The general level of wages exceeded the marginal disutility of employment.

4.   But monitoring in those cities clearly show that ozone levels there exceed the tougher new standard.

5.   Even natural background levels of ozone exceed the legal limit.

6.   Following the acquisition, Lagardere said its debt level would not exceed one-third of its equity.

7.   If the average level of radon found in a home exceeds four picocuries per liter of air, she said, remediation of the problem should be considered.

8.   Italy needs the support of as many countries as possible because its debt levels exceed the requirements to join the single currency.

9.   Nitrogen oxides can produce ozone, the level of which exceeds federal standards in metro Atlanta in the summer.