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Humphrey-Hawkins Act 1978 (E6)<br />US federal statute, formally known as the Full Employment and Balanced Growth Act, which extended the EMPLOYMENf ACT 1946 by stating the priorities for the economic goals set for the US president. It also established procedures to improve the co-ordination between the president, Congress and the Federal Reserve System with the hope of improving the formulation of economic policy.
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personal income distribution (D3) . . The distribution of income between mdlviduals; the SIZE DISTRIBUTION OF INCOME. Statistics on this indicate what propor tion of total household income is received by individuals in each income band, e.g. the top 5 per cent. Most studies show the
Law, John, 1671-1729 (B3)<br />Born in Edinburgh, Scotland. After imprisonment in London for murder, he escaped to France where he soon became its leading banker. He proposed the establishment of a Bank of France to issue paper money on the security of land. He set up his General Bank in 1716 and founded companies in Louisiana and Mississippi whose stock was used to redeem the French national debt. After his scheme collapsed at a time of wild stock market speculation he fled to Venice. His principal work was Money and Trade ConsideredWith a Proposal for Supplying the Nation With Money (1705).
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