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THE PRORLEMS AND PROS
FISCAL POLICY AND INFLATION
THE DISCIPLINE OF THE RALANCE
2 other sections not shown
acceleration achieve adequate adjustment process aggregate demand annual appropriate assets balance of payments balance-of-payments billion Bretton Woods system budget cent Committee Congress Consumer Price Index cost-push costs Council of Economic countries currency decisions deficit discipline discretionary fiscal policy disequilibrium disinflation dollar Economic Advisers economists effects exchange rates expenditures Federal Reserve finance fiscal affairs fiscal and monetary fiscal policy Fowler Fund gold parity gold price gold reserves Government growth guideposts industrial inflation inflationary labor legislative manager or operator ment Milton Friedman monetary gold monetary policy monetary restraint Okun output over-all period President price increase price inflation price of gold price rise price stability prices and wages problem procedures productivity prosperity real income recession reduce responsive shortage Special Drawing Rights spending substantial surplus surtax tax increase tion trade-off U.S. gold unemployment United voluntary restraint vote wage-price wages and prices