Word: grossness
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Dates: during 1980-1989
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...second study, completed in March by the Congressional Research Service, confirmed that the "ceiling" could go as high as $130 per bbl. in a crisis. If one had erupted in 1982, the study concluded, the gross national product of Western nations would have dipped by an additional...
National Security Adviser William Clark, in a speech to the Air Force Association, sought to ridicule the Soviet assertions that the Korean passenger plane was on a spy mission. "The Soviet strategy in the aftermath of the incident was, and is, gross intimidation and falsehood," he said. In fact, a commercial 747, if fitted out with special cameras and electronic equipment, would be highly conspicuous as a spy plane and certainly of no use to U.S. intelligence agencies. American satellites can take startlingly detailed photographs of any Soviet installation...
...next year or so, however, the recovery looks solid. TIME'S economists predicted that growth in the gross national product, after adjustment for inflation, would slow from its torrid 9.2% annual rate of the second quarter but still glide along at a healthy 4.4% pace in 1984. The unemployment rate is expected to drift downward from its current 9.5% level to 8.2% by the end of next year...
...when the story broke recently that 10 Vermont youngsters were running a child prostitution ring, reaction was mixed. "Gross" is the most common response, but it is a "Gross" tinged with respect: Every child has money-making schemes, but these kids actually went through with theirs. And successfully: if not for an anonymous tip, which led to a month-long police investigation, the ring might still be going...
...nearly ignited the debt bomb in August 1982, when it came close to defaulting on $85 billion in foreign borrowings, has been straightening out its finances. Last month it repaid a $1.85 billion loan just two weeks after successfully rescheduling $11.4 billion of public debt. Nevertheless, Mexico's gross national product is expected to drop by 3% to 5% this year, and inflation is raging at an annual rate of about...