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Outline of Important Facts
TODAYS VERSUS PAST INFLATIONS
THEORIES OF THE INFLATION
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Annual percentage Annual percentage rate average bank reserves bargaining benefits billion borrowing capital central bank changes Chapter consumer price index consumer prices controls corporations countries Current Business December defense deficit deposits dollars drop Economic Report economists employee compensation excess fast inflation faster Federal Reserve figures flation full employment funds gains gold government spending growth hourly earnings hyperinflation impact income tax Incomes Policy industries inflation rate inflationary interest rates International Financial Statistics International Monetary Fund labor costs less manufacturing ment monetarist nondefense nonunion output pay increases payroll taxes PCE deflator percent percentage points personal income postwar President price advance price index prices rise private business sector production profits purchasing power raise prices real GNP recession reduce savings social stagflation Statistical Appendix sumer supply Survey of Current Table theory tion transfer payments trends union United wage increases wage rates workers