Word: finale
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Dates: during 1950-1959
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...input-output table is essentially a double-entry chart of all the transactions between different sectors of the economy. It shows for a particular year what each industry supplies to every other industry and to the final consumer. The table is arranged so that each industry, or supplier, appears as a producer down one side of the chart, and again, in the same order, as a consumer along...
...most important aspects of the analysis is that it allows a detailed study of the sectors of the economy and their effects on each other and on the economy as a whole. It can bring to account every transaction in goods and services. Final demand, which appears down the last right-hand column, is the total of intermediate demands of the industrial sectors, private consumers, government, and overseas customers, plus gross investment. The dollar value of final demand for a particular sector is equal to the sum of the inputs that go into that sector. Inputs are totaled...
...Administration had expected, Lowell lost no time in making his policy known. While President Eliot had pleaded in his final report for a sweeping adoption of the three year degree "to save the College," Lowell, in his inaugural address on Oct. 6, 1909, declared, "The most vital measure for saving the College is not to shorten its duration, but to ensure that it shall be worth saving." And from then on, the three year degree was doomed...
...general examinations... on the principal field of study will be more commonly required." For the new president, the suggestion was a cautiously worded one, but it was only the beginning. Lowell fully believed that students forgot most of what they had learned in a course as soon as the final examination was out of sight, and he was determined to put a stop to such academic waste...
...both sides to win the Steelworkers' secret vote on industry's last offer, required by the Taft-Hartley Act some time between Jan. 6 and Jan. 21. Out from the eleven negotiating steel companies went letters and brochures to each employee setting forth the industry's "final" offer (it can still make another), which was actually made fortnight ago (TIME, Nov. 30). Dave McDonald called it "a propaganda offer aimed at confusing the Steelworkers," and the union's official paper, Steel Labor, warned workers against bosses who go "out of their way for a pleasant...