Word: modeste
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Dates: during 1970-1979
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...capital city can easily cost $75 a night, a good dinner for two starts at $60 or more, and a week's car rental often tops $300. Local residents, of course, avoid the stores and services that tourists frequent. Even so, their everyday costs are hefty. A modest two-bedroom house in a suburb rents for $1,600 a month; a gallon of gas costs $2.30 or more, a pair of Levi's about $40, cigarettes $1.10 to $2.70, newspapers at least 40? and a pound of steak...
There were shortcomings and pitfalls, little recognized when Keynesianism was flourishing a decade and more ago. One shortcoming was the Keynesian assumption that supply would simply take care of itself once demand was stimulated. So long as inflation stayed low, that is in fact what happened. Even modest increases in consumer demand would bring quick jumps in output. So productive were U .S. plants and factories that they not only filled the needs of the nation's domestic market but also deluged the world with material abundance...
That empire grew from a modest beginning. When he seized power in 1933, Tacho's father, Anastasio Somoza García, had only a near bankrupt coffee farm to his name. Little by little, he added to his holdings. If he saw a plantation he admired, for example, Somoza García made its owner an offer he dared not refuse, usually about half the property's real value. Often as not, the owner presented the land as a gift. By the time of his assassination in 1956, Somoza García was worth about $150 million...
Washington is sensibly encouraging the use of ethanol in spite of its modest technical problems as a replacement for gasoline. The Administration has already budgeted $11 million in loan guarantees for stills, and the Senate has approved a bill that would increase the funding to a full $500 million...
There are some obscure places in Boston where a modest fee can buy an evening of bold, seldom offered film experience. The White Knuckles Cinema series, presented this summer by the Institute of Contemporary Art (ICA) in Boston, is screened in an improvised movie theater three elevator flights atop a former Boston fire station, and it seats only about 150 people. But for $2.50, the ICA offers to the public films which are generally excellent but virtually never seen anywhere else...