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The Stagflation Dilemma
The Common Causes of Inflation
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annual Average Markup average pay bargaining bill billion borrowing budget business firms capital Carter Chart checks commercial banks consumer corporate income tax corporate tax deficit deposit deposit account despite dollar Economic Report economists escalation Fed's Federal Reserve finance flation funds government bonds government expenditures government outlays Gross Business Product higher incomes policy industries inflation inflationary interest rates issue Kemp-Roth Laffer curves loan market economy ment misery index monetarist monetary policy money income money supply money wages money-wage national debt nomic norm Obviously OPEC operating output pay gains pay hike pay scales payments percent per annum percentage personal income political President Reagan price and wage price level property taxes purchases recession relative reserve balances revenues sector social security stagflation malaise stop inflation sums tax cut tight money tion Treasury trillion union unit labor costs wage controls wage share wages and salaries