The economic impact of alternative fiscal policies: a study
U.S. Government Printing Office, 1976 - Budget - 35 pages
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$10 billion 2d simulation achieve actual budget annual average balanced budget balancing the budget balancing the full-employment Base solution billions of 1958 budget balance budget policy caused Chairman change in implicit change in real cm cm cm cm cmcmcm cococo deficit deflator annual rate demand direct early effect employment budget examined expect expenditures fiscal policy followed full-employment budget GNP annual rate Government government purchases growth half higher Housing starts millions I I I impact implicit price deflator improvement increase interest Joint Economic Committee lower money supply necessary output Percent change percentage point performance period personal income tax price deflator annual produced Purchases Transfers quarter rate of inflation real GNP annual reduced rising shows spending substantial suggest surplus third transfer payments Unemployment rate percent views