Word: amounting
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...currency in circulation plus checking accounts and time deposits in banks. The Federal Reserve controls the rate at which money supply grows or shrinks chiefly by buying or selling Government bonds. When the board buys bonds, it automatically raises the quantity of reserves available to banks; this increases the amount of credit that banks can extend to borrowers. When the board sells bonds, the process operates in reverse and borrowing tends to become difficult...
...notes in his definitive work, A Monetary History of the United States 1867-1960, a decline in the nation's money supply has preceded every recession except one (1869-70) in the last hundred years. After World War I, for example, the Government cut its spending by an amount equal to 16% of the U.S. gross national product. On top of that, the Federal Reserve contracted the money supply by 5.2%. Says Paul McCracken: "The remarkable thing is not that there was a 1921 recession but that our economic system survived under this massive fiscal and monetary whipsaw...
...data are available? Two phone calls this afternoon, to ABCD and the Cambridge Community Development Office, ascertained that in fact some pretty current figures are available. A 1968 Boston census indicates that the city's population (apart from those living in group quarters: hospitals, dormitories, prisons, etc.. who amount to 35-40,000) is 535,000-a precipitous drop from the 1960 figure of 697,000. Combined with increases in the city's black population, the Research Division of United Community Services estimates that 17 per cent of Boston's population is now nonwhite. A 1969, Cambridge census shows...
...Committee, and surely felt by the President, arising from a December 15 deadline for submission of the next annual renewal application for the Project. While there was understandable irritation at having to work against such a deadline, we could not ignore the fact that prolonged consideration would amount to a pocket veto. I understand that an extension of time has now been requested to allow for further consideration...
...familiarity with the principles of Euclidean geometry by manipulating variously shaped objects, and learn fundamentals of counting and reproduction by charting the egg production of classroom hens. As Piaget said recently, "a ready-made truth is only half a truth. The goal of education is not to increase the amount of knowledge but to create possibilities for a child to invent and discover, to create men who are capable of doing new things...