Word: spurs
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Dates: during 1980-1989
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Large public universities, for instance, are suddenly raising or establishing cutoff scores and grades for admission. That practice has ing been considered too rigid, and hence unfair. In an even blunter attempt to spur high schools to action, some systems, like California's are adopting specific curricular requirements. They're refusing to consider anyone without a set number of years in English, math, and so forth. Others are considering shifting their admissions emphasis to Achievement Tests, rather than SATs, and that, too, is adding to the momentum of attempted curriculum manipulation...
...entire year. The prime began dropping rapidly in July, and now stands at 13.5%, its lowest level since September 1980. Other borrowing costs are also receding. The interest on Government-insured home mortgages slid to 14% last week, from a high of 18% in September 1981. Falling rates should spur consumer purchases of big-ticket items and boost business investments. But many economists caution, that interest levels are unlikely to fall much further. The cost of borrowing might even increase slightly if business starts picking up later in the year...
...this year, De Beers will spend $26 million on advertising, up 75% from 1980. The budget for television commercials alone has quadrupled, to $10 million. To spur sales of larger, more profitable stones, a new slogan has been created: "A diamond of a carat or more is only one in a million." For less affluent buyers, De Beers is urging American parents to give their teen-age daughters small, heart-shaped diamond jewelry "for those special occasions ... as only a parent...
Many West German bankers and businessmen hope that the collapse of AEG-Telefunken will act as a spur for their country. They have long complained that high wages, low investment and excessive government regulation have sapped their country's economic strength. West Germany will need to return to bold innovation and good management if it hopes to succeed in high-technology growth industries of the 1980s. Those were the very areas where AEG-Telefunken failed...
...effort to spur protective legislation for time-share consumers, the National TimeSharing Council Board of Governors will meet this week in Orlando, Fla., to adopt a tougher "model act" for state governments without such laws. Though time sharing can be an inexpensive vacation alternative, it also quite plainly remains for now an investment that requires careful planning and close investigation...