This new efficiency would leave us nothing more than factory managers.

But if Time is well a well managed company, new efficiencies may not result from the deal.

The device they have created to bring about this new efficiency is a central bank that sets interest rates and determines the money supply.

"It may take us 10 years to capture the new efficiency of the model we're trying to create," he said.

The company will now be able to retain any profits that come from new efficiency.

The new efficiency is thus 3 dB lower than with one loudspeaker.

Were new efficiencies in operations an alternative to rate increases?

He said the new efficiencies would increase profits, but would not project by how much.

The administration says the accord will mean new efficiencies and substantial savings.

But the city's new efficiency in enforcing parking laws has come at a price.