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Economic Outlook 9
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administration administration's American anti-inflation areas average balance billion budget BYROM capital Chairman Congress Congressman controls costs decline demand depreciation dollar domestic economic growth economists effect energy expected expenditures export Federal Government Federal Reserve firms fiscal policy forecast foreign foreign exchange markets funds going growth rate guidelines higher impact important improvement income incomes policy increase industry inflation rate inflationary interest rates investment Japan Joint Economic Committee labor ment monetary base monetary policy money supply OPEC outlays output percent period prepared statement President President's private sector problem productivity growth proposed quarter question rate of inflation real wage insurance recession reduce regulations regulatory Representative BRowN Representative MITCHELL Representative Rousselot restraint revenues rise Senator BENTSEN Senator PROxMIRE slow slowdown spending standards structural unemployment surplus Swiss franc tion trade deficit United wage and price