Causes and Cures of Inflation: Hearings Before the Task Force on Inflation of the Committee on the Budget, House of Representatives, Ninety-sixth Congress, First Session, June 5 and 6, 1979U.S. Government Printing Office, 1979 - 143 lappuses |
Citi izdevumi - Skatīt visu
Bieži izmantoti vārdi un frāzes
aggregates American average bill billion BORSODI Burlington Northern cent Chairman changes chart coal concern Congress Congressman consumer cost Council on Wage currency deceleration deficit demand dollar economist effect energy Eurodollars expansion Federal Reserve Board Federal Reserve System going House important incomes policy increase indexing industry inflation rate inflationary interest rates Interstate Commerce Commission investment Kahn KEMP Keynesian labor Lake Jackson legislation M₁ ment Milton Friedman Minnesota monetarists monetary policy money growth money stock growth money supply money supply growth nomic percent period Phillips curve President Price Stability problem productivity profit proposed question rate of growth rate of inflation real GNP growth recession regulations regulatory require restraint result REUSS rising SIMON spending statement stock growth rate target task force tax cut tax rates Thank things tion U.S. dollar unemployment VENTO wage and price wage-price guidelines WEINTRAUB workers
Populāri fragmenti
109. lappuse - We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists, and that, insofar as it ever did exist, it only worked on each occasion since the war by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step.
61. lappuse - Counsel for the American Association of Retired Persons and the National Retired Teachers Association.
109. lappuse - I tell you, in all candour, that that option no longer exists, and that insofar as it ever did exist, it only worked by injecting bigger doses of inflation into the economy followed by higher levels of unemployment as the next step. That is the history of the past 20 years" (speech to Labour Party Conference, 28 September 1976).
27. lappuse - Mr. Volkmer follows : ] PREPARED STATEMENT OF HON. HAROLD L. VOLKMER Mr. Chairman...
25. lappuse - Mr. Volkmer. STATEMENT OF HON. HAROLD L. VOLKMER, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF MISSOURI Mr. VOLKMER. Thank you, Mr. Chairman.
95. lappuse - Changes in the behavior of the money stock have been closely associated with changes in economic activity, money income, and prices.
17. lappuse - Report illustrates an emerging consensus in the Committee and in the country that the Federal Government needs to put its financial house in order and that the major challenges today and for the foreseeable future are on the supply side of the economy.
129. lappuse - We find nothing in the text and history of Title VII suggesting that Congress intended to abrogate the laws of supply and demand or other economic principles that determine wage rates for various kinds of work.
56. lappuse - I would be pleased to respond to any questions you might have. [The prepared statement of Mr. Vento follows:] PREPARED STATEMENT OF HON. BRUCE...
1. lappuse - ... prices or costs. Farm price supports, as an example, were established to raise agricultural prices in order to benefit farm incomes. Minimum wage laws were enacted to raise the incomes of low-wage workers. Tariffs raise the prices of imported goods, thus providing protection to US import-competing firms. Some of the newer regulatory agencies like the Occupational Safety and Health Administration (OSHA) and the Environmental Protection Agency (EPA) are not principally interested in price effects.