Word: slacked
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...danger is that the U.S. economy may have stumbled into a so-called liquidity trap-a situation in which economic activity is so slack that the Federal Reserve is unable to provide stimulus at will. Normally the board controls the money supply indirectly by altering the amount of reserves available to its member banks. The banks are required to count as reserves the cash in their vaults and a certain portion of their demand deposits-mainly checking accounts. They must place the portion of their deposits in non-interest-bearing accounts with the Federal Reserve. The board controls the amount...
...will build the YF-16s' $1.5 million jet engines. General Dynamics last year overtook Lockheed as the U.S.'s largest defense contractor (total 1974 sales: about $2 billion), but the order comes at a time when the company needs a long-term contract to pick up the slack caused by a dropoff in production of the costly ($16 million each) F-lll swing-wing fighter-bomber. The YF-16 also offers General Dynamics an opportunity to polish up a reputation that was scarred by the cost overruns and mechanical problems that clouded the F-111 in the late...
...backstroke, tri-captain Kris Krendl, who was sick earlier this week, is doubtful at the moment. Sato, Marie Rhoem and Susan Sawyer look to provide depth in the event. Downey is favored in the fly with Rhoem and Sawyer picking up the slack...
...skimpy 5000-6000 foot heights fool you either. The long trails take up the slack that the short heights give, and the mountains are amenable to snow-shoeing, skiing, and various other boom outdoor industries...
...Buffalo the most productive two-man running attack in the history of the game. But that was about all the attack they had. Not so this season. Though Simpson has been running at about half last year's pace, Second-Year Quarterback Joe Ferguson has picked up the slack by passing the Bills to ten touchdowns and hitting on a solid 55% of his throws...