Word: steeper
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Dates: during 1970-1979
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...fashion: it sank. The Dow Jones industrial average, the market's most widely watched barometer, plunged dizzily to 800.85, its lowest level in two years. The drop is particularly unsettling because investors regard the 800 level as a psychological barrier; once it is breached, they fear an even steeper fall. By week's end the market had recovered slightly, to a closing Dow average of 809.94. Nonetheless, since New Year's Eve the Dow has plummeted 194.71 points, an astonishing slide. Clearly the nosediving stock market is trying to deliver an unpleasant message to the nation...
...Fund, which is a "make-it-or-break-it" factor in the Faculty's attempt to balance the budget, prevented next year's tuition, room and board hike from being even steeper than the proposed $475 increase, Robert E. Kaufmann '62, assistant dean for financial affairs, said earlier this month...
Klammer, Italian Herbert Plank, 21, and Swiss Veteran Bernhard Russi, 27, should dominate the downhill schuss. "Go for maximum speed, but never force it," says Russi. Forcing it, however, is Klammer's credo. The straighter-and steeper-the course, the better Franz feels. He likes a sheer drop of ice, so Innsbruck's curvy Patscherkofel Trail is not ideal for him. Two Canadian daredevils, Dave Irwin and Ken Read, have recently scored upsets in European events...
...less commissions, in less than three months. Alternatively, if he did not want to bother buying the stock, he could resell the option at a profit. As the market price of Polaroid rose, the price of the option also would climb above the original $250-probably at a steeper rate than the price of the stock itself...
...more. Okun also finds unconvincing the argument that higher taxes on the rich discourage savings and investment. He notes that in 1929, when federal taxes were low and minimally progressive, the U.S. saved and invested 16% of its gross national product; in 1973, after 44 years of supposedly steeper progressive taxation, it saved and invested exactly the same...