Word: expansionism
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Dates: during 1970-1979
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> Unemployment will decline to an average rate of 7.7% of the labor force, and perhaps to 7.4% by the end of 1976. That would mark a very slow decline from the last reported rate of 8.3% (for November). Main reason: an expansion in G.N.P. of roughly 6% just is not...
In the last few weeks, moreover, some fears that dogged the early stages of the recovery have dissipated. From June through September, the Federal Reserve, worried about inflation, clamped down harder than even it intended and the nation's money supply grew at a miserly annual rate of 2...
Democrats on the Board of Economists-Heller, Okun, Pechman, Nathan-argue that inflation could be most effectively restrained by Government pressure on industry and labor to pursue moderate price-wage policies, leaving Washington free to stimulate the economy more through tax cuts, federal spending and faster money-supply growth. But...
CENTER. Pete Brock, Colorado, 6 ft. 6 in., 258 lbs. Brock is considered the best offensive lineman in the draft. He scatters opposing linemen with his blocks and hits his punter on the numbers with every long snap. "If an expansion team wants a thinking big man to start building...
Heir Apparent. Abboud, short (5 ft. 6 in.), dark-haired and swarthy, succeeds Gaylord Freeman, 65, First Chicago's boss since 1969 and a power in U.S. banking for a generation. Widely respected as an international banker, Freeman was influential in the shaping of trade and monetary policy in...