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Slang terms for money often derive from the appearance and features of banknotes or coins, their values, historical associations or the units of currency concerned. Within a language community, some of the slang terms vary in social, ethnic, economic, and geographic strata but others have become the dominant way of referring to the currency and are regarded as mainstream, acceptable language ...
Purchasing power parity exchange rate is used when comparing national production and consumption and other places where the prices of non-traded goods are considered important. (Market exchange rates are used for individual goods that are traded). PPP rates are more stable over time and can be used when that attribute is important.
Each of the following has equal legitimacy: 3 pounds 12 p; 3 pounds and 12 p; 3 pounds 12 pence; 3 pounds and 12 pence; as well as just 8 p or 8 pence. In everyday usage the amount is simply read as figures (£3.50 = three pounds fifty) as in AmE. AmE uses words such as nickel, dime, and quarter for small coins.
This is because the Federal Reserve has targeted not zero inflation, but a low, stable rate of inflation—between 1987 and 1997, the rate of inflation was approximately 3.5%, and between 1997 and 2007 it was approximately 2%.
During a brief check-out flight on 6 July by the Flight Section of Materiel Command at Wright Field, with a gross takeoff weight of 56,000 pounds (25,000 kg) and after speed, power and stability tests at 10,000 feet (3,000 m) the test crew concluded the aircraft performance was "essentially the same as other B-24 airplanes", but with an ...
In 2011, Camden's unemployment rate was 19.6%, compared with 10.6% in Camden County as a whole. [231] As of 2009, the unemployment rate in Camden was 19.2%, compared to the 10% overall unemployment rate for Burlington, Camden and Gloucester counties and a rate of 8.4% in Philadelphia and the four surrounding counties in Southeastern ...