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...trying to comprehend a trillion-dollar deficit, you might calculate how much money that represents per person in the U.S. One trillion dollars divided by 300 million Americans comes out to $3,333. Then you search for a useful comparison. A convenient - though perhaps unsettling - comparison is to the amount of credit-card debt carried by the average person in this country. That figure is $3,245. "So a good way of thinking about government debt financing is that it's similar to what the average person is doing," says Camerer...
...this point our assumption expert proceeds to discuss anything which strikes his fancy at the moment. If he can sneak the first assumption past the grader, then the rest is clear sailing. If he fails, he still gets a fair amount of credit for his irrelevant but fact-filled discussion of scientific progress in the 18th century. And it is amazing what some graders will swallow in the name of intellectual freedom...
...least popular AP exams after the 2008-2009 school year. The College Board said that it would offer the Italian exam for one more year if $1.5 million could be raised. Although the Italian Language Foundation raised over $650,000, the group ultimately fell short of the required amount. Cuomo said she believes that the exam will come back in the future. “The College Board left the door wide open for reinstatement of the program if funding is [found] in the next year,” she said. “We looked to the Italian government...
...Washington Protecting Pacific Gems In the biggest ecological move of his presidency, George W. Bush created three remote national monuments, protecting an unprecedented amount of the ocean from fishing and mining. The areas are home to the deepest waters on earth and some of its most unusual sea life...
...Healthier cities are successful cities. I would focus on increasing the amount of green space, because it is good for the earth and for our bodies. I might buy thousands of bikes, paint them a really ugly color (so people wouldn't steal them ...) and simply distribute them around a city." - During an interview with website Wordchanging.com...