Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United States

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U.S. Government Printing Office, 1977

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Стр. 203 - Debt* ^External public debt is defined as debt repayable to external creditors in foreign currency, goods, or services, with an original or extended maturity of more than one year, which is a direct obligation of, or has repayment guaranteed by, a public body in the borrowing country.
Стр. 315 - MR. CHAIRMAN, THAT CONCLUDES MY PREPARED REMARKS. I WOULD BE PLEASED TO ANSWER ANY QUESTIONS THAT YOU OR THE MEMBERS OF THE COMMITTEE MAY HAVE AT THIS TIME.
Стр. 242 - Development is an independent research and educational organization of two hundred business executives and educators. CED is nonprofit, nonpartisan, and nonpolitical. Its purpose is to propose policies that will help to bring about steady economic growth at high employment and reasonably stable prices, increase productivity and living standards, provide greater and more equal opportunity for every citizen, and improve the quality of life for all.
Стр. 185 - Mr. Chairman, I must begin by expressing the fact that I feel honored to have been asked to appear before this distinguished committee to review the international financial aspects of the economic outlook. In addition to the longer prepared statement that has been circulated, I have taken the liberty of preparing a much briefer presentation for this morning. While I would be delighted to try to respond to any questions you may have on the broad ranges of your inquiry, I understand that you initially...
Стр. 513 - If the House Subcommittee on Labor Standards of the Committee on Education and Labor's Bill to increase the minimum wage to over $3 an hour with an index for automatic increases thereafter is passed by the Congress then the job loss would be 2.7 million jobs. (See Figure 14.) Consumer prices will increase by 3%.
Стр. 233 - Our opening speaker, Mr. Frank Lindsay. Chairman of the Itek Corporation and Chairman of the Research and Policy Committee of the Committee for Economic Development. Mr. Lindsay has had a particularly interesting business career including services as an executive assistant to Bernard Baruch. He has served on the boards of the National Planning Association ?nd the Hudson Institute.
Стр. 384 - ... institutions have also strengthened their capability to be supportive of economic expansion. Commercial banks have materially improved their liquidity by doubling their holdings of Treasury securities and reducing reliance on volatile sources of funds. They have, moreover, retained a large share of profits to enhance capital positions, so that the ratio of capital to risk assets, which had declined steadily during the early 1970's, has risen appreciably. Other depository institutions have made...
Стр. 437 - Gap" As Percent of Maximum Production (Billions of 1969 Dollars in Parentheses) (168.8) 1953 1957 I960 1966 1968 1969 1970 20 1971 (arm rate] -^In deriving these percentages. the Civilian Labor Force is estimated as the officially reported Civilian Labor Force augmented by concealed unemployment...
Стр. 161 - What happened to the tax cut in 1965 is difficult to pin down, but insofar as we are able to isolate it, it did seem to have a tremendously stimulative effect, a multiplied effect on the economy. It was the major factor that led to our running a $3 billion surplus by the middle of 1965 before escalation in Vietnam struck us. It was a $12 billion tax cut which would be about $33 or $34 billion in today's terms, and within one year the revenues into the Federal Treasury were already above what they...
Стр. 464 - ... administration officials. An administration often appears to be conducting the political equivalent of a traveling road show, with key officials (the...

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