The American Economy in Conflict |
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Administration aggregate demand American areas automobile average balance of payments basic billion budget business cycle capital central cities competition Congress consumer cost COST PUSH INFLATION decline defense deficits dollars economic growth economists effect effort expansion expenditures federal government Federal Trade Commission finance fiscal policy freedom Friedman full employment gold government spending governmental higher important increase individual industry inflation inflationary interest investment Keynes Keynesian labor force legislation less major means ment military Milton Friedman monetary negative income tax Negro output percent political pollution poor poverty President price stability problem production profits programs recent recession reduce responsibility rise Say's Law social society structure supply tax rates technological theory tion unem unemployed unions United urban Vietnam Vietnam War wages welfare workers World War II