Word: costs
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Dates: during 1970-1979
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...economy. Another of its problems will be containing the inflation that might result from faster growth. Most members of the Board of Economists think that the danger of inflation comes largely from momentum: labor has become used to wage increases that reflect productivity improvements and rises in the cost of living, and businessmen want to pass along all cost increases to consumers...
...foreign-made goods that are in such short supply. Last week the Bonn government was continuing to ransom political prisoners from the East for as much as $15,000 a head. Since 1970, when this unsavory commerce in human beings began, Bonn has purchased 7,200 prisoners. The cost: $108 million. The West German government dislikes this grisly trade but justifies it as a humanitarian necessity. West Germans live too close to incidents such as last week's, when a West German border patrol heard a shot go off from a self-firing gun mounted on the border fence...
...couple per day. For the more active twosome, Sakowitz will serve up a weekend of treasure hunting for Spanish gold at the bottom of Scotland's Tobermory Bay, complete with licensed diver, plus bed and board at the Duke of Argyll's Inveraray Castle (cost: $50,000 a pair in Yankee green). Or, for $37,500 each, they can spend two weeks aboard a schooner retracing Darwin's voyage of the Beagle. Sakowitz, while reporting more "interest" than sales, was hoping for a last-minute spurt in exotica purchases...
...flirting with danger, he has admitted he "likes to be frightened" and proves it by driving at 100 m.p.h. from Glasgow to Monte Carlo ("to see how fast I could get there") and racing horses with Liberal M.P. Clement Freud. Whatever the reason, Sir Hugh's recklessness has cost him more than money: the damage to his name could be permanent...
This was to be a banner year at Eagle Point High School, especially for the 180 seniors. After three years of double-shift classes in an antiquated building, they moved this fall into a handsome new school built at a cost of $5.7 million. The football, track and wrestling teams all had hopes for statewide ranking, and in the homecoming game the Eagle Point eleven beat its old rival Phoenix High, 20-14. The seniors danced past midnight at the Holiday Inn. That same day, the school closed...