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Report on the inflationary impact of unemployment in the USA - postulates the theory that the postwar economic recessions, from 1947 to 1970, spurred price increases, thereby explaining rising unemployment and inflation rates, with economic policy implications, etc. References and statistical tables.
First paper in a study series on inflation and market structure prepared in conjunction with the Committee's review of national employment policy on the 30th anniversary of the Employment Act of 1946.