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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1482 |
Essay's paper body
The Commerce Department released fourth quarter numbers which show a
4.7% annual growth rate and a 1.8% rise in inflation. This 1.8% fourth quarter
rate is lower than the 2.1% third quarter rate. The gain in the fourth quarter
is due to higher exports and higher consumer spending. The fact of the matter
is that 1996 ended with strong growth and no problem with inflation(see chart 6)...
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This 1.8% fourth quarter
rate is lower than the 2.1% third quarter rate. The gain in the fourth quarter
is due to higher exports and higher consumer spending. The fact of the matter
is that 1996 ended with strong growth and no problem with inflation(see chart 6).
Many economists showed concern over steady inflation growth and are worried
about 1997...
Essay fragment
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