Word: digit
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Dates: during 1970-1979
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...filched a few pennies at a time from wages and profits and prompted endless grousing, but for a majority of Americans, caused no real hardship; incomes usually went up faster. So, nothing in recent history has prepared the nation for the shock of what is happening today: a double-digit inflation that raises unsettling visions among many Americans of the price spirals in South America or Indonesia...
...they do to dig themselves out? The antidotes to inflation have proved peculiarly elusive because the causes are deep and pervasive?and often unrecognized. Crop failures, bloated Arab oil prices and bumbling government strategies are only contributing causes; most likely there would have been serious, if not double-digit inflation without them. Indeed, Chiaki Nishiyama, one of Japan's leading economists, asserts that "inflation is an integral part of economic growth." Though his statement implies a hopelessness that cannot be accepted, he has a point. Inflation has occurred largely as a devastating by-product of two trends that...
...system is somewhat complicated. Using his home or office phone, the customer must first punch a seven-digit number to get access to the computer, then enter his personal identification number, then another code number for the bill-payment service, then a fourth code number for the company to receive the payment, then a fifth number to indicate the amount of the transaction (all numbers are kept secret between the bank and the telephone users). A computer-simulated "voice" confirms each step of the transaction over the phone, so that a customer runs no great risk of paying somebody else...
...method, devised by the AHA and Paul W. Holland, lecturer on statistics, utilizes a 700 page book of five digit random numbers. A page and column are selected from the book, and the sequence of numbers is matched to an alphabetical list of the candidates. The candidates are listed on the ballot from lowest number to highest...
Each student is assigned a four-digit number that is recorded in classrooms by the teacher and fed into a computer, which checks the roll call and notifies the principal of any absentees. "Then we find him real quick," says Schimandle. "When kids are out of class, they're usually in trouble...