Chapter I. The Home Economy
Anonymous
National Institute Economic Review, 1988, vol. 126, 6-17
Abstract:
This time last year the general expectation was that the growth rate would slow down markedly, particularly as the stock market had just collapsed. In the event demand and output have both continued to rise very fast. Now the general expectation is, again, that the growth rate is about to fall sharply, this time because of the rise in interest rates during the summer. Clearly this view needs to be examined critically.
Date: 1988
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