Word: econ
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...WinnersClass Size 1. Soc Anal 10 1008 2. Gen Ed 105 522 3. MR 11 416 4. Chem 20a 399 5. Ap Sci 11 368 6. Math 1a 360 7. Hist Stud A-25 345 8. Ap Sci 10 332 9. Econ 1500 326 10. Science B-27 318 Social Analysis 10, "Principles of Economics," once again led all courses in enrollment this fall, packing more than 1000 undergraduates into Sanders Theatre. General Education 105, "The Literature of Social Reflection," jumped into second place this year. (See story...
Brave words. In fact, Egypt's poverty makes it a ward of the rich Arabs. The Six-Day War of 1967 devastated the econ omy; among other blows, the closing of the Suez Canal cost Egypt an estimated $2 billion in vital revenue. Capital investment was diverted to acquire military hardware; arms spending currently absorbs 28% of the Egyptian national budget. After becoming President in 1970, Anwar Sadat began to dismantle Gamal Abdel Nasser's cumbersome socialist state and once again invited foreign investment. But the response has not even been as loud as a whisper. Last year, in order...
...cause of the zoom in interest rates has been the Federal Reserve Board's parsimonious policy. The board has held the growth of the nation's money supply to an annual rate of less than 5%-nowhere near enough to meet the credit demands of an inflationary econ, omy. Now there are some signs I that the board, realizing the shaky state of business, is becoming a trifle more generous; at minimum, it has stopped twisting the money tourniquet ever tighter. That small bit of good news was enough to touch off a Friday stock market rally that...
...before Edna's time, the place was as much a part of the community as the general store. During the Depression, farm boys with no money paid with chickens - hence the bordello's name. In more prosperous times, the house was good for the town's econ omy. Says Lester Zapalac, publisher of the La Grange Journal, the town's only newspaper: "The girls bought all their clothes here, their eats. It brought busi ness for the community." When the town would hold a big barbecue, the girls at Edna's, of course, were...
...make it?by taking advantage of the new 10% investment credit, by using the liberalized depreciation rules announced by Nixon in January, by increasing production as the economy picks up and by not paying previously contracted wage hikes. Although the Administration claims that its rules will stimulate the whole econ omy and raise generally low corporate profits to reasonable levels, union leaders have another viewpoint. Noting that union employees of McDonnell Douglas Corp. were entitled to a 35¢-per-hour increase during the freeze period to offset recent cost of living increases, U.A.W. President Woodcock complained: "Now Mr. Nixon says...