Word: predictabilities
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Dates: during 2000-2009
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...crisis could persist: "If the recession lingers (as some economists suggest), economic growth is particularly tepid (as some economists warn), or the nation dips into another recession (as some economists predict), state fiscal problems would obviously last longer. This all underscores an unfortunate fact: Without a doubt, lawmakers' endurance to resolve extraordinary fiscal problems will be tested for years to come...
Economists predict a contraction in the Canadian economy of between 1.4% and 1.9% this year, followed by tepid growth of 2.4% to 2.7% in 2010. If Canada hopes to get back on the road to recovery, not only will it have to erase its burgeoning trade deficit, but just as important, the country's volume of trade will have to make up for lost ground in 2009. Right now, achieving either looks to be a long...
While inside an fMRI scanner, each participant was asked to predict the outcome - heads or tails - of about 210 coin tosses. The participants made their predictions privately, but after each toss, researchers asked them to reveal whether or not they had guessed accurately. A display mounted inside the scanner flashed the questions, and participants pressed a button in response. Each correct prediction was awarded up to $7; incorrect predictions were awarded nothing, but there was ample opportunity to lie and still win the money...
...declining in value. In the three months after February--when a provision in the economic-stimulus package raised the eligible home-value limit from $417,000 to $625,500--the number of federally insured reverse-mortgage originations jumped 10% compared with the same period last year. Industry experts predict that reverse mortgages will play an increasingly important role in the coming years as some 70 million baby boomers hit their 60s--often with a lot less saved than they'd hoped...
...course, the future of the labor market is hard to predict. Hence a 2008 Labor Department study that found federal job-training programs may produce "small" benefits at best. But the outlook is promising so far at ACC: members of its Renewable Energy Students Association routinely field calls from prospective employers. "I'm well aware of how much money is going to be available from this education," says Duane Nembhard, 34, who dropped out of college but found his way to ACC last year...