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The impacts of alternative longterm Federal policies
Appendix Data sources for functional GNP
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adjustment aggregate aggregate demand assets average benefits billion budget share business cycle changes countercyclical credit activities cyclical decline defense deficit demand demographic dollars domestic economic equation estimates exchange rate expansion expenditures Federal budget Federal Government Federal Reserve financing Fiscal Federalism fiscal policy foreign exchange reserves functional funds Gini coefficient government sector growth rate guarantees higher impact important income tax increase indexation inflation rate inflationary interest rates investment labor supply loans measure Medicaid Medicare ment monetary base mortgage NIA budget offset outlays payments percent percentage points period Phillips curve potential GNP poverty pretransfer private sector ratio receipts reduce regressions retirement revenues rise shift significant social insurance Social Security spending stabilization State-local structural Subfunction surplus tax rate tion transfer payments trend coefficient U.S. Congress U.S. Government unemployment rate unified budget variables wage