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adjustment after-tax aggregate aggregate supply assets average base basis points bond yields business fixed investment capacity utilization capital stock Chart checkable deposits components consumer spending corporate profits corporate tax crude oil cyclical deficit defined deposits depreciation determined disposable income dollar domestic DRI Model durable economic eight quarters elasticity energy demand energy prices equation equipment estimated exchange rate exogenous expected expenditures exports federal funds rate fixed investment forecast foreign full-employment gasoline growth Household Household Operation impact industrial production industrial production indexes input interest rates merchandise Model Response mortgage natural gas nominal nonborrowed reserves nonfinancial corporate oil prices output payments personal income personal tax potential GNP price deflators price index public utility structures purchases Quarters After Initial Real GNP reduce sector social insurance supply Surplus Table total factor productivity trade Treasury bill Treasury bill rate unemployment rate unit labor costs variables wage wholesale prices