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Introduction R Wayne Kernodle
Industrial Unrest and Strains on
The Public Debts and Consequences
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$1 billion American economy amount arbitration areas average balance of payments banks bargaining billion annually borrow capital outflow cent comparative advantage consumer credit cost cyclical demand domestic earned economic growth effect Europe European expenditures factors federal government financing foreign countries foreign markets funds gold reserves government debt gross national product growing imports income increase inflation interest rates international accounts investment lative liabilities liquid dollar assets long term manufactured market share ment merchandise military aid national debt national security overseas payments deficit percent position possible price stability problem public debt receipts recent reduce result rise short term situation social capital Soviet budget Soviet Union spending steel strike strain surplus Taft-Hartley Act tariff things trend U.S. business U.S. dollar U.S. exporters U.S. gold U.S. products U.S. shares United United Kingdom various wage world economy