Word: deficits
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Dates: during 1970-1979
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Norwegian economists fear that the state's generosity may be adversely affecting the country's economy. Norway's production costs are already the globe's highest and in large part are responsible for the country's more than $5 billion trade deficit last year...
...spilling out dollars faster than foreigners can absorb them. The measure of that outflow is the nation's trade balance, and it has been deteriorating. Last week the Commerce Department announced that during January the U.S. imported $2.38 billion more than it exported. That was the biggest monthly deficit since last October and more than 40% larger than the January 1977 figure...
...last August's 1.22 million, or 5.5%.] We would have had a 16% inflation rate now if I hadn't pursued the policies I did. Look at the evolution of prices at the end of 1977. Look at the decline in our balance of payments deficit. Look at the decline in our trade deficit...
Princeton's Alan Fine, whom Hackett beat in the last leg of this event to clinch last month's dual meet, swam leadoff this time and gained a slight edge over Cooper. But Pyle and Mack made up the deficit against Princeton's Howard Nelson and Andy Saltzman, to set the stage for the anchormen and Princeton's dramatic 364-356 victory...
Perhaps the game would have been unique if Harvard had come back from the 4-1 third-period deficit, but without the services of the Hughes brothers and Murray Dea, the game's only uniqueness lay in the absence of Harvard's big guns...