Word: capita
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...food production, has become a chronic importer of expensive grains, including the daily staple, corn. Prices for the country's traditional exports (coffee, tea, livestock products) have drastically fallen. Kenya is expected to run a balance of payments deficit of as much as $1 billion this year. Per capita income, only about $400 annually, is declining...
...broadest reason is apolitical: a slowing of population growth and a continuing rise in gross world product should mean that there will be more to go around. In the U.S., he offers the possibility of a $5 trillion gross national product in 2000 that would mean a per capita income of about $20,000. There is no prediction about how this wealth will trickle to 250 million Americans. There is guarded optimism about inflation. Inflation, of course, is very thinkable, though Kahn's thoughts on how to deal with it are fairly familiar. They include indexing, creative financing, energy...
...nation's economy would be crippled by the amendment. "We've been struggling to control the business cycle for 150 years, and we're finally getting better at it," says Senator Daniel Moynihan of New York. "In the 15 years ending in 1975, our per capita gross national product after inflation doubled. We were able to do it because we had the flexibility to iron out the inevitable wrinkles in the business cycle. The amendment would destroy that ability and subject us again to the feast-or-famine mercies of economic panics." Explains liberal Economist Walter Heller...
...industry, with agriculture, with our balance of payments. When we came back to power in 1980, we found the economy in very bad shape. We made investment decisions for future development, and I think they restored a sense of direction to the economy. The G.N.P. has gone up, per capita income has gone up, and we have increased irrigation, food output and petroleum production. But the more things go up, the more are wanted. You are simply not able to catch...
...millions of other Americans, for whom the product of the cacao bean is not so much a feast as a fix. Per capita consumption of chocolate in the U.S. last year was 9.1 Ibs.; some $3.4 billion was spent on chocolate products of all kinds. While Americans lag behind Austrians, Belgians, Norwegians, Germans and the league-leading Swiss, U.S. consumption of luxe chocolates (selling for up to $30 per Ib.) is growing steadily. From coast to coast, shamelessly fragrant new boutiques with names like Le Chocolat Elegant, Nutty Chocolatier and La Maison de Bon Bon are blooming...