Word: outputted
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There will also be capacity for 16 teletypes linked to the computer. These teletypes will be able to print output at ten characters per second. Plans for locating these teletypes are still being made. Dix emphasized that the most important feature of the new computer is the "whole spectrum of possible remote devices...
Friedman's main point is that the Reserve Board should simply let the money supply grow at a constant rate of about 5% a year, in line with the real growth of the nation's output of goods and services. An increasing number of experts agree with him. Last summer the congressional Joint Economic Committee urged the Federal Reserve to expand the money supply no less than 2% and no more than 6% a year. Last week 40 out of 71 economists who responded to a survey by a House subcommittee urged the Reserve Board to increase...
...through 1965. Over the last twelve months, however, consumer prices have jumped 4.3%, the greatest annual gain since the Korean War year of 1951. During October, the latest month for which statistics have been compiled, consumer prices rose at a frantic 7.2% annual rate. While the nation's output of goods and services climbed 8.7% to a record of $860 billion for the year, almost half of that was accounted for by price increases. Just over half represented "real growth...
...outlook for capital spending has improved largely because general business conditions are looking better. Demand for steel is strong; output has climbed for four straight weeks. Sales of 1969-model autos have been racing at a record annual rate of 10.3 million cars (see story, p. 94). New factory orders rose 4% in October, the biggest improvement this year. Sales of new houses are increasing despite punitive price tags and pumped-up mortgage rates. Housing starts will probably rise from 1,290,000 in 1967, to 1,500,000 this year. Building-industry analysts anticipate about...
...releases rather than on their albums--when the breakthrough comes it is in one staggering, concentrated dose. This process is quite different from Bob Dylan's, for example, who evolves musically in well-marked steps from album to album. Dylan's single releases are almost incidental to his overall output...