Word: higher
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Dates: during 1970-1979
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...choice came down to slower growth and rising unemployment or higher inflation, most conservatives would opt for increased unemployment and lower inflation," Law said yesterday...
...fiscal policy which causes higher unemployment would probably conflict with White House desires in an election year, Law said. However, "it seems a traditional role for the Federal Reserve Board to be in conflict with the White House," he added...
...first year of occupancy, the University will charge Donovan $10,700. In the second year. Donovan will be charged the flat University rate, about $15 a square foot, and in the third year of the lease, the price will be $15,000 or the flat University rate, whichever is higher...
Therefore, the U.S. has the choice of either importing more oil or turning to conservation and solar energy. The Project opts for the latter. Imported oil presents risks other than supply cutoffs and higher prices. There are external costs as well, such as a slowing of economic growth, higher unemployment and inflation and balance of payments deficits, along with "increased tension and suspicion among the nations of the West...
...Energy Project believes the United States could reduce energy consumption by 30 to 40 per cent through conservation and "still enjoy the same or an even higher standard of living." The key is the encouragement of "productive conservation"; that is, using energy more efficiently. In the transportation sector, the Project, recognizing that the automobile is likely to remain an American fixture, recommends more stringent gasoline mileage standards instead of massive investment in mass transit. The government should grant very high tax credits to industry for mundane improvements like furnace maintenance, lighting adjustments, plugging leaky steam traps, recovering, installing insulation...