Word: convertible
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Then consider the wealth effect, much debated but empirically documented, which suggests that every dollar of increased household wealth will, over a period of time, convert to 3 to 5 cents of spending. Calculators, please: 0.03 times $1.2 trillion equals $3.6 billion in spending. In an economy that is two-thirds consumer spending, that's another growth driver. One other thing about the wealth effect is that it works splendidly in reverse too. There's the prospect that Broun and his colleagues could be serving up a double whammy to households across the country: declining stock market wealth in addition...
...opponent Dartmouth (4-7, 0-1 Ivy), 27-25, 23-25, 25-14, 25-22. After the Crimson took control in the first frame, the Big Green responded with a 7-2 run to open up the second game. Harvard kept it close throughout the second, but could not convert on its efforts. After getting as close as 23-22, Dartmouth pulled away, and Big Green junior Morgan Covington ended the frame with a kill. Not allowing Dartmouth to take advantage of the momentum, the Crimson redoubled its efforts in the third, trouncing the Big Green 25-14. Unlike...
...chances of the second overtime belonged to the Crimson, outshooting the Stags six to one. Harvard failed to convert on an empty crease after Fairfield keeper Kelly Boudreau stumbled over a player outside the box. Back-to-back corners were also cleared away safely...
...built-in camera is a full megapixel higher than the iPhone's, you still can't record video. One big drawback for music lovers may be the G1's lack of iTunes; without it, you can't play copy-protected songs purchased from Apple's music store unless you convert them to MP3s first. There is an unbranded music player built by Google, however, and Amazon is the default music merchant...
...from Ono Horn, who laid down the final three Crimson kills and prevented the James Madison comeback. Harvard did not fare as well in the third or fourth games, falling behind early in both. Despite late offensive contributions from McKinley and Fryhoffer in the third, the Crimson could not convert its continued efforts into another win and fell to the Dukes 25-21. In the fourth, Harvard could not compete with James Madison’s overpowering attack and lost 25-19.—Staff writer Emmett Kistler can be reached at ekistler@fas.harvard.edu...