Word: jump
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Dates: during 1980-1989
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SWITZERLAND. Despite the country's expensive image, more and more Americans are heading for the Matterhorn. In 1982 there was a more than 15% leap in the number of nights spent by U.S. guests in Swiss hotels; a 10% jump is expected this year. Thanks to an inflation rate that has averaged 4.5% over the past five years, some hotels have not raised prices since 1980. In addition, notes John Geissler of the Swiss National Tourist Office, "you can eat in ordinary restaurants with reasonable prices and have a very good meal. You do not have...
That runaway expansion is forcing the Fed to make delicate decisions. Volcker could push interest rates up sharply to slow money growth, but that would risk aborting the seven-month-old recovery. A big jump in credit costs could also cripple the ability of such borrowers as Brazil and Mexico to repay their U.S. bank loans. "We're going through the moment of truth," says Republican Congressman Jack Kemp of New York, a leading critic of tight-money policies. "What the Fed does now will determine the fate of the economy for the rest of the year, perhaps longer...
Despite the jump officials are concerned specially about Black enrollment which has an recent years fallen flat. Even though Harvard admitted 15 more. Blacks this year, 186, only three more, 100, will be enrolling. For the second year in a row, the yield for Black students dropped with only 53 percent accepting, down 2.6-percent from last year, dropped with only 53 percent accepting down 2.6 percent from last year...
Even less certain was Pollster and Adviser Pat Caddell. "I hope we'd return it , he said, but I don't know. It's easy to jump up and say, I'd do the right thing.' " Besides, Caddell explained, he would have suspiciously looked the gift horse in the mouth: I'd wonder whether we were being...
...start of the 1980s, however, IBM had begun to move in new directions, and the dismissal of the lawsuit helped to accelerate the process. The most notable example was in the personal-computer field. Although IBM had been monitoring the market for years, it refused to jump in until it began seeing personal computers appear in offices and became convinced that there was enough demand to make their entry pay off. "There's no particular challenge to building a personal computer other than to build one that someone wants," says Gary...