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1978
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World Events
U.S. Events
Economics
US GDP (1998 dollars): $2,291.40 billion Federal spending: $458.75 billion Federal debt: $776.6 billion Median Household Income (current dollars): $15,064 Consumer Price Index: 65.2 Unemployment: 6.1% Cost of a first-class stamp: $0.13 ($0.15 as of 5/29/78)
Sports
Super BowlDallas d. Denver (27-10)World SeriesNY Yankees d. LA Dodgers (4-2)NBA ChampionshipWashington Bullets d. Seattle (4-3)Stanley CupMontreal d. Boston (4-2)WimbledonWomen: Martina Navratilova d. C. Evert (2-6 6-4 7-5) Men: Bjorn Borg d. J. Connors (6-2 6-2 6-3)Kentucky Derby ChampionAffirmedNCAA Basketball ChampionshipKentucky d. Duke (94-88)NCAA Football ChampionsAlabama (AP, FW, NFF) (11-1-0) & USC (UPI) (12-1-0)World CupArgentina d. Holland (3-1)
Entertainment
Entertainment Awards
Pulitzer Prizes Fiction: Elbow Room, James Alan McPherson Music: D�j� Vu for Percussion Quartet and Orchestra, Michael Colgrass Drama: The Gin Game, Donald L. Coburn Oscars awarded in 1978 Academy Award, Best Picture: Annie Hall, Charles H. Joffe, producer (United Artists) Nobel Prize for Literature: Isaac Bashevis Singer (US) 1978 Emmy Awards 1978 Tony Awards Grammys awarded in 1978 Record of the Year: "Hotel California," Eagles Album of the Year: Rumours, Fleetwood Mac (Warner Bros.) Song of the Year: "Love Theme From A Star Is Born" (Evergreen), Barbra Streisand and Paul Williams, songwriters Miss America: Susan Perkins (OH) More Entertainment Awards...
Events- Sony introduces the Walkman, the first portable stereo.
Movies- The Deer Hunter, Midnight Express, Heaven Can Wait, Coming Home
Books
Science
Nobel Prizes in Science
Chemistry: Peter Mitchell (UK), for contributions to the understanding of biological energy transfer Physics: Arno A. Penzias and Robert W. Wilson (both US), for work in cosmic microwave radiation; Piotr L. Kapitsa (USSR), for basic inventions and discoveries in low-temperature physics Physiology or Medicine: Daniel Nathans, Hamilton Smith (both US), and Werner Arber (Switzerland), for discovery of restriction enzymes and their application to problems of molecular genetics
Deaths
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