Word: twentyfold
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...Western Europe, in contrast with the U.S., there is generally a better realization of the tremendous changes in world economics that have been brought about by the nearly twentyfold increase in oil prices since 1972. European governments and citizens both accept the fact that the vast outflow of money to pay for staggering oil bills means that living standards cannot grow as fast as they have for the past generation. Workers cannot receive real wage increases without productivity gains, consumers cannot buy as much, and governments cannot spend money on social programs unless they have the tax revenues...