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Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

The primary factorscontributingto expenditure growth

five sets of factors — environmental , technological , economic , political , and administrativeinfluencethe growth of expenditure

China with an increase of 31 per cent and Russia with a rise of 22 per centledthe growth in expenditure

hospitality Consumer spending growth(passive) led byexpenditure growth

high rate ofdevelopment(passive) is caused byGrowth of expenses

applying innovation and strategic thinkingto preventgrowth in expenditures

Budget 2007also influencesexpense growth

continued expansion in purchases of structures(passive) led byexpenditures growth

that is goingto influenceexpense growth

severance costs , higher pension costs and the effects of a stronger U.S. dollar(passive) was also influenced byExpense growth

the fact that we because of the outperformance in Q4(passive) was ... triggered byexpense growth

PPMC with a jump of 78 % to N226.3 billion in the month(passive) was led byGrowth in expenses

inflation , new demands and an expansion of the concepts of public accountability(passive) caused byexpenditure growth

due to increase in personnel expenses from Rs.11.47 lakhs to Rs.16.31 lakhs(passive) is mainly contributedThe growth in the expenditure

We can see that over the whole series , volume and price growthcontribute substantiallytowards expenditure growth

growth in revenuesto leadgrowth in expenses

increase in the average prices of aviation fuel in rubles for 36 % in comparison with the same period of previous year against the background of dynamics of cost of the oil which accelerated the growth in the third quarter and also increase in volume of transportations and a raid of hours(passive) is caused byGrowth of expenses

Easing inflation and constrained consumerscausesexpenditure growth

transfer increase without any tax reduction(passive) caused byexpenditure growth

the number New Zealand superannuation recipientscontributingto expenditure growth

Although consumers faced rising health insurance premiums over the period which affected their budgets , lower cost sharing at the point of service likely enabled consumers to use more health careleadingto expenditure growth

aging(passive) caused byThe growth in expenditure

Both a drop in hospital admissions ( a first ) andcontributedgrowth in expenses

employee compensation ( IMF 2013a(passive) led byexpenditure growth

inflationary pressures in these categories(passive) caused bythe expenses growth

the size of the civil service over the years(passive) caused bythe growth in expenditure

Third , “ lower cost sharing at the point of service likely encouraged consumers to use more health careleadingto expenditure growth

almost all componentscontributeto expenditure growth

Technological advancescontributeto expenditure growth

China ( +31 % ) and Russia ( +22 %ledthe growth in expenditure

the government ... tryingto preventthe growth in expenditure

the same institutional characteristics and regulations of the health and social systems(passive) are influenced byExpenditure growth

Medicarecontributesexpenditure growth

growth in both interstate ( +13.5 %(passive) was influenced byExpenditure in growth

at a level that is consistent with the longer term growth potential of the economy and that there be an ongoing focus on the quality of expenditurebe setat a level that is consistent with the longer term growth potential of the economy and that there be an ongoing focus on the quality of expenditure

to improved median cash on hand to 209.9 daysledto improved median cash on hand to 209.9 days

in margin expansionresultingin margin expansion

to increase in Cost to Income ratio to 49.0 % from 44.1 % in the same period last year The Loan book grew by 14.9 % y / y to Kshs 111.2 bn outpacing deposits growth of 7.4 % y / y , resulting in a LDR of 105.1 % , from 98.3 % in Q3?2014ledto increase in Cost to Income ratio to 49.0 % from 44.1 % in the same period last year The Loan book grew by 14.9 % y / y to Kshs 111.2 bn outpacing deposits growth of 7.4 % y / y , resulting in a LDR of 105.1 % , from 98.3 % in Q3?2014

from several factors , including an increase in salaries and wages and supply costsresultedfrom several factors , including an increase in salaries and wages and supply costs

to a better bottom lineleadsto a better bottom line

in horsepower gains in the fleethas resultedin horsepower gains in the fleet

to profitability expanding as the business growsleadsto profitability expanding as the business grows

IT ) investments and variable costs related to credit card growth(passive) is setIT ) investments and variable costs related to credit card growth

in a reducing deficitresultingin a reducing deficit

up to the recent downturnleadingup to the recent downturn

to mounting deficit , which is financed with foreign loans and internal borrowinghas ledto mounting deficit , which is financed with foreign loans and internal borrowing

in a great increase in discretionary spending affecting the way people chose to spend their moneyresultedin a great increase in discretionary spending affecting the way people chose to spend their money

in the founder(sresultsin the founder(s

during 2003resultedduring 2003

from investments ... as in 2017resultedfrom investments ... as in 2017

to be more containedis setto be more contained

from higher wage and benefit costs and greater real estate tax and insurance expensesresultingfrom higher wage and benefit costs and greater real estate tax and insurance expenses

jobs and opportunities for people worldwidewill createjobs and opportunities for people worldwide

our Efficiency Ratio to improvehas causedour Efficiency Ratio to improve

to a deterioration in the current account and a large output gapcould contributeto a deterioration in the current account and a large output gap

for 2017 - 2021setfor 2017 - 2021

the impending structural deficit(passive) caused bythe impending structural deficit

to AAA bond ratings , no loss of service during recessions and millions of dollars in reduced interestledto AAA bond ratings , no loss of service during recessions and millions of dollars in reduced interest

from population ageing , which is affecting local government finances in particularresultingfrom population ageing , which is affecting local government finances in particular

in thinner operating marginsresultingin thinner operating margins

from increased activity , particularly due to the financial help given to emerging vegetarian societies in Eastern Europeresultingfrom increased activity , particularly due to the financial help given to emerging vegetarian societies in Eastern Europe

to red inkwill ... leadto red ink

to concomitant growth in energy - related emissions such as CO2leadsto concomitant growth in energy - related emissions such as CO2

to slow significantly relative to previous yearsis setto slow significantly relative to previous years

from an increase in the number of patients and a change towards newer and more expensive antidiabetic medicines [ 7resultedfrom an increase in the number of patients and a change towards newer and more expensive antidiabetic medicines [ 7

in overall financial performance exceeding the FY 2010 budgetresultedin overall financial performance exceeding the FY 2010 budget

a room for private investmentsto createa room for private investments

in a slightresultingin a slight

the problemscausingthe problems

in strong reserve levels and ample liquidityresultingin strong reserve levels and ample liquidity

from the demand - driven system led to former Tertiary Education Minister Kim Carr considering changes in the lead up to the 2013 election.[10resultingfrom the demand - driven system led to former Tertiary Education Minister Kim Carr considering changes in the lead up to the 2013 election.[10

to resume “ at an inopportune time for the bankwas setto resume “ at an inopportune time for the bank

nearly one and a half percentage points to GDP and all of that taken away by the net export position , with exports falling 5 per centcontributingnearly one and a half percentage points to GDP and all of that taken away by the net export position , with exports falling 5 per cent

The growing number of hip replacements(passive) can also be causedThe growing number of hip replacements

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Smart Reasoning:

C&E

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