Word: shapely
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Dates: during 1980-1989
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Economists have traditionally blamed such anomalies on a theory called the "J-curve." That notion decrees that whenever a country's currency declines in value, the national trade balance worsens before it improves, in a line that loops down and up in the shape of the letter J. The reason: immediately upon depreciation, the price of imports rises, but a contraction of the demand for such imports takes time. In the interim, the trade-balance differential widens. Economists usually estimate that at least 18 months is required before any expected improvements in the trade balance will appear...
Some efforts are being made to get children to shape up and eat right. The largest impact should come this fall; the federal school lunch program, which feeds 24 million students each day, is revising menus to reduce fat, sugar and salt. On local levels, some undertakings are informal. For example, the Sports Training Institute in New York City is setting up exercise pep talks by such legendary athletes as John Havlicek and Arthur Ashe. Other attempts are more structured. Dayton is experimenting with Gamefield Fitness Systems at 45 of the city's schools. Designed by the National Fitness Campaign...
...skiers, figuring out which of the seven base lodges to meet at for lunch is confusing. Additionally, the grooming at the mountain seemed a little haphazard. While mountain officials would probably claim that they like to let the moguls build up, the trails could have been kept in better shape...
...first time in the short history of the labyrinthine White House scandal, a plausible version of events was taking shape, based on sworn testimony and Administration documents. According to the latest scenario, the Administration's weapons deals with Iran were a straightforward arms-for- hostages swap. Reagan's repeated claim that the transactions were an overture to moderate factions in the Iranian government was no more than a rationale concocted by CIA Director William Casey. Lieut. Colonel Oliver North was instrumental in persuading the President to proceed; North's boss, former National Security Adviser John Poindexter, was aware that Iran...
...American principle is ever an active one: to set to work on a problem and be done with it. In an area with so much potential for exploitation and grief, that impulse is easily understood. But to shape lasting solutions now -- whether to legitimate surrogacy or prohibit it -- may be premature when so little is known. "We have real concerns about the widespread use of surrogacy until more study is done," says Dr. Richard Marrs of Cedars-Sinai Hospital in Los Angeles and a member of the committee that drew up the fertility society's guidelines. "We have to reserve...