Word: first
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Dates: during 1970-1979
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...abroad. The dollar's decline, which had precipitated the action, has been at least temporarily checked. Despite nervousness in world financial markets caused by events in Iran, the dollar has been strong for the past month. Typically, one Frankfurt banker says with a sigh of relief: "For the first time I can confidently see a stable rate for the dollar." Silver, platinum and copper markets, which had soared like comets in early October, have returned to some calm...
...first signs of a "wait and see" attitude are appearing among some buyers who think that mortgage rates may soon ease back. Michigan Entrepreneur Warren Avis, founder of the Avis Rent A Car system, was quickly filling a 120-unit condo conversion in Detroit last month, but saw many of his customers vanish as mortgages rocketed. Says he: "All of a sudden we got slugged in the guts. The last four weeks have broken the back of buying...
...started an auto plant in Northern Ireland and may want GM's help in securing parts and dealers. After years of frustration, Wright took out a $50,000 second mortgage on his house and published the book himself. The work is presented as DeLorean's first-person account, and he now says that he generally would not repudiate...
...percentage is growing. In the incoming first-year classes this autumn, the share was 38% at Yale and 44% at New York University...
Even more important is the rapid growth of women in the blue-collar force. Over three-fifths of all U.S. women aged 20 to 64 hold jobs and are tremendously affecting the current economy. One example: productivity is flat, in some part because many women are holding first-time jobs and are not so well trained as men. But as the newcomers gain experience, productivity will rise...