Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United StatesU.S. Government Printing Office, 1967 |
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Page 9
... balance of payments in 1967 , and to retain a major share of the 1966 improvement in our official settlements balance . In particular , our trade balance should strengthen significantly through a slower rise in imports , reflecting the ...
... balance of payments in 1967 , and to retain a major share of the 1966 improvement in our official settlements balance . In particular , our trade balance should strengthen significantly through a slower rise in imports , reflecting the ...
Page 16
... balance of payments . I would like to ask you this . Do you assume that the behavior of France , which has been drawing down our gold as if there was no tomorrow , and that of other countries will remain exactly the same as it has in ...
... balance of payments . I would like to ask you this . Do you assume that the behavior of France , which has been drawing down our gold as if there was no tomorrow , and that of other countries will remain exactly the same as it has in ...
Page 17
... balance - of - payments problem and the gold deficit as one of the most serious problems that faces our Nation . Do you share that view ? Mr. ACKLEY . It certainly is a serious problem and I listed it as one of the four principal ...
... balance - of - payments problem and the gold deficit as one of the most serious problems that faces our Nation . Do you share that view ? Mr. ACKLEY . It certainly is a serious problem and I listed it as one of the four principal ...
Page 18
... balance of pay- ments ? Mr. ACKLEY . We do not have final figures for 1966. On the liquid- ity accounting basis it was somewhere around the previous year , about $ 1.3 billion . We do not know for sure . It appears that on an official ...
... balance of pay- ments ? Mr. ACKLEY . We do not have final figures for 1966. On the liquid- ity accounting basis it was somewhere around the previous year , about $ 1.3 billion . We do not know for sure . It appears that on an official ...
Page 19
... balance- of - payments deficits , for example , to deflate our domestic economy , have a recession , might end our balance - of - payments deficit , but at a cost we are not prepared to pay . We could drastically restrict our imports ...
... balance- of - payments deficits , for example , to deflate our domestic economy , have a recession , might end our balance - of - payments deficit , but at a cost we are not prepared to pay . We could drastically restrict our imports ...
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Common terms and phrases
ACKLEY balance of payments benefits billion capital Chairman PROXMIRE changes COHEN Congress Consumer Price Index corporations cost Council of Economic defense deficit demand dollar Economic Advisers Economic Report effect estimates expansion expenditures fact Federal Reserve figure financing fiscal policy full employment going GOLDFINGER Government gross national product growth guideposts impact incomes policy industry inflation inflationary interest rates investment Joint Economic Committee labor MARTIN ment monetary policy money supply national income percent period present President President's pressures price increases problem profits programs proposed quarter question recession reduce Representative BROCK Representative CURTIS Representative GRIFFITHS Representative REUSS Representative RUMSFELD Representative WIDNALL restraint revenues rise SCHULTZE Secretary FOWLER Secretary WIRTZ sector Senator JAVITS Senator MILLER Senator SYMINGTON situation social security spending stability statement tax increase tion TROWBRIDGE unemployment unemployment rate Vietnam wage workers