Word: moderatelyâ
(lookup in dictionary)
(lookup stats)
Dates: during 1971-1971
Sort By: most recent first
(reverse)
...stable, as they should be, even a modest increase in productivity will mean higher profits for manufacturers. That, in turn, means a net gain in real income across the U.S. For whom? If prices are frozen beyond the end of Phase 1 and wages are allowed to rise moderately???say, by 4%?that would distribute the net gain fairly widely. At best, there will be a good start toward building a new international monetary structure, and the U.S. will avoid touching off a protectionist trade...
| 1 |