Word: dollar
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Dates: during 1970-1979
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Mexico depends on tourism and border transactions for 37% of its dollar income and on the U.S. to provide 90% of the visitors to such established resorts as Acapulco and Mazatlan as well as the new playgrounds at Cancun on the Caribbean and Ixtapa on the Pacific. The devalued and floating peso has reduced the price of a Mexican vacation by at least one-third, but the laggard tourist trade has not picked up as expected. For a decade before 1975, tourism had been rising at the rate of 14% a year until it reached $1.2 billion...
...disco disco. The management says that since the recent institution of a dress code ("no jeans, no T-shirts, no work clothes, no sneakers, no work boots, no...."), Mad Hatter crowds have been a great deal more manageable than in the past. "If a guy's wearing a 25-dollar shirt, he's not gonna wanna get it all messed up in a fight," explains a friendly bouncer...
...smuggling contest. The object of this is to hide as many beers as possible, successfully slipping through the Boston Garden security. Not only will you feel an incredible sense of accomplishment, but you'll also save a lot of money because you won't have to shell out a dollar for a Garden beer. The winning school has a huge psychological advantage before the game even starts...
...Schiller, Gilmore's violent end was a new stage in a multimillion-dollar project to dramatize the dead man's story. Schiller, 40, has made a small career of wedging himself into the midst of sensational news events. When Jack Ruby was dying in 1967, for example, Schiller smuggled a recorder into Ruby's hospital room and taped his deathbed statement that he killed Lee Harvey Oswald on a whim...
...balance sheet by $10,000 every year. Proponents of replacement-cost accounting argue that the machine should be carried on the books at the price of a new machine, which, after a decade of extremely high inflation, could jump to as much as $300,000. (The higher the dollar value of a company's plant and equipment, the greater the amount charged against its assets to provide for depreciation and thus the lower its reported profits.) In Britain, where double-digit inflation has prevailed since 1973, replacement-cost accounting will be required by 1978; by one estimate, conversion...