Word: output
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This prediction assumes that certain changes will take place by the year 2000.Third World countries, for example, are expected to double or treble agricultural output. Another assumption is that North America and Japan will double aid to Third World nations and accept more exports from them. Even if such changes prove slow in coming, there is at least some cause for cheer in the suggestion that the globe's natural treasures may not run out as soon as the pessimists have forecast...
Government growth figures for the July-September period will not be out until early next week, but many experts are already shaving their earlier forecasts of an increase of about 4% in the nation's output of goods and services to 3%-or less. Alan Greenspan, chairman of the President's Council of Economic Advisers, says the prime reason for the slowdown is that businessmen piled up big inventories early this year, and had to hold back on new orders until the backlog was reduced. Greenspan believes the economy will pick up speed in the current quarter...
...have just completed reading your Commencement issue and it is tremendous--as a singular piece of student newspaper output, it is one of the best publications I've ever seen. It contradicts all the opinions I had formed of The Crimson over the last two years. In particular, I was very impressed by the quality of your sections on what students were doing after they graduate, what they have done in their four years here, the trivia bit section and your articles on Finley and Riesman. Any student attending Harvard or the least bit interested in knowing the soul...
...that so much of this view is essentially true-although the real business mosaic of Texas is of course vastly more complicated. The Texas economy is a thing unto itself, almost self-sustaining, ever on the move. Today, for example, Texas is expanding production of drilling equipment faster than output of oil itself. Besides its oil tycoons and cattle barons, the overnight millionaires now include such men as Jerry Argovitz, who started as a dentist, offered investment and financial advice to doctors and professionals, and made enough money to retire from dentistry three years...
...That was when oil was struck at Spindletop, near Beaumont. The find launched Texas into a growth era that has never really ebbed. This year Texas is expected to produce $81 billion worth of goods and services, greater than the entire national output of Australia...