Word: demand
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Dates: during 1980-1989
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...Soviet Union's winter of discontent is caused partly by the predictable functioning of the capitalist law of supply and demand. Soviet salaries have risen an average of roughly 8% over the past three years. Meanwhile, production of big-ticket consumer items like refrigerators and automobiles has been increasing at a much lower rate. As a result, says Yuri Luzhkov, chairman of the state committee responsible for Moscow's food supply, "people are investing their new money in food" -- and, in the process, creating the current spate of product shortages. Jan Vanous, research director of PlanEcon, a Washington-based think...
...Casey, 10, became a zombie while on Ritalin: "It knocked him into next week. His eyes would glaze, and he would just sit staring." Jesson is currently locked in a legal battle with New Hampshire's department of education over whether her son's public school can demand that he take Ritalin to attend regular classes...
Students and faculty must demand that Harvard Real Estate be called to account for its offenses against education, community and environment HRE's management and public relations are doing far more damage to the University than its bungling plans will ever earn back in revenue. If Derek Bok is sincere in his declarations about Harvard's humanistic mission, he will stop HRE from selling off the resources of learning to make a few more lousy bucks. Lecturer, History...
...have no idea. So says a survey released last week by the New York-based Joint Council on Economic Education, which found that only one out of three high school students in its 41-state poll could define such basic concepts as profit and the law of supply and demand. The 8,205 eleventh- and twelfth-graders who took the 40-minute multiple-choice test correctly answered less than 40% of the 46 questions. Declared William Walstad, a co-author of the study: "Our schools are producing a nation of economic illiterates...
...folks in Osage save energy the old-fashioned way: they plug leaky windows, insulate walls and ceilings, replace inefficient furnaces and wrap hot-water heaters in blanket insulation. Since 1974, the community has cut its natural-gas consumption some 45% and reduced its annual growth in electricity demand by more than half, to less than 3% a year...