Word: grossed
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Dates: during 1980-1989
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...Growth of Government. Demands for inflation protection have led to a steady swelling of government spending. Since 1960, in the major industrial nations the portion of gross national product consumed by government has gone from 28% to 38%. Though taxes have risen sharply during that period, they have not kept up with spending. Virtually every country is running a record budget deficit...
BRITAIN. Estimates for growth this year have again been scaled downward. Samuel Brittan now predicts an increase in the gross national product of just .75%, instead of the 2% he foresaw in January. On the positive side, he points out that private investment has held up remarkably well, and inflation, which was running at 20% annually in 1980, will drop this year...
Galloping inflation has robbed some glamour from the phrase "alltime box-office champ"-in real dollars, Gone With the Wind is still No. 1-but even these days, a projected worldwide gross of $400 million is decent money. So why the boom in so many movies? And why now? Spielberg, the 34-year-old boy who wove the magic carpet of E. T. (as well as Jaws, Close Encounters of the Third Kind and Raiders of the Lost Ark, all among the ten top grossers in movie history), sees a simple explanation: "A good film is kidnaped by its audience...
...Gross domestic product (G.D.P.) is the measure of all production within a country's boundaries. The more commonly known gross national product (G.N.P.) includes production by firms outside the country that are owned by the nation's citizens...
...Department reported that June unemployment held firm at 9.5% of the labor force, continuing an employment slump that has helped to ease inflationary pressures throughout much of the economy. Even so, health-care costs have just kept on surging ahead without letup. Nearly 10% of the U.S.'s gross national product is now spent on medical care of one sort or another, compared with only...