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<br />-6" <br />"0 <br /><1> <br />::l <br />P- <br />I-" <br />X <br />H <br /> <br />.:.~:~'::~/.~;~:'.:~;~;..:L~~;.~.::~:'~:;~':Lr'/::~I':~~li':~~::{jG&:;:1/t;,;S;itt1~~B]si~Q~~i[Z;?1~~?}~~:~J~': ~~ii~~(:::~~,~,~}:::':\":":~.Y';.sL3~~>~~;. .:~<-~~.~ ~~.,,'~~.'.:.-..k ,-, ,"",. <br /> <br />.. <br /> <br />.' <br /> <br />Table 1.-ProjEictionB of employment, income and prices <br />underl}igh ern~loyment assumption 1/ ' <br />'.-" . <br /> <br />"'. " <br /> <br />\. .. ~.. <br /> <br />~riei; <br /> <br />1949 <br /> <br />Actual AVerage's <br />1950 <br /> <br />. LOIlg-term, <br />; proje ction ' <br /> <br />Unit or <br />base <br /> <br />. . <br /> <br />Gross natiopal product <br />Disposable 'income <br />Disposable ;,income per cS;pi;ta <br /> <br />Population: <br />Labor force <br />Employment ' <br />Unemployment <br /> <br />Bil. dol. 255.6 279.8 <br /> do., .. 187.4 202.7, <br /> .~, :'". "..:". <br />.. Dol.:.. 1~256 1'336 <br /> " . <br />Million 149.2 151.7 <br /> do. 63.6 (4.6 <br /> do. 60.2 61.5 <br /> do. 3.4 3.1 <br />1935-39 : 100. 170 172 <br />1910-14= .100 ',249 ' '256 <br /> do. 250 . . 255 <br /> 100 100 <br /> <br />300 <br />227 <br />1.343 <br /> <br />,"." <br />~':::::-;.f <br /> <br />.-' <br /> <br />169 <br />72 <br />68 <br />;4 <br /> <br />,:,. <br /> <br />152 <br />215 <br /> <br />Consumer pr ice s' \ . <br />Prices received' by farmers <br />Prices paid, interest, iaxes <br />and wage : rate s <br />Parity ratio <br /> <br />215 <br />100 <br /> <br />...;J <br />\l> <br />0- <br />I-' <br /><1> <br />I-' <br /> <br />1/ Based':Qnprojected condit ions beginning about 1960, assuming a gradual trl'nd toward normal <br />conditions,andw'orld p6a;ee' over the next decade. Price indexes and ratios shown abElye and iJ;l. . <br />Table 2, except .perhaps for prices of forest products, might continue to., average abi>ut .the same'levels <br />from 1960 1'orward :so long as population and agricultural production conti"nue to increase lit approxi- <br />mat91ythesame:'rates and.so Ipngas,world,conditions remain relatively sta.ble. '. , <br /> <br />;:A.>~ <br /> <br />," <br />. FuniisMd 'by the BUreau of 'Agric\.lltura.lEconomics,U.S.D.A..for.t)le'useof the' Subcommittee <br />oniJenef1ts and Costs. <br /> <br />'-'" J <br /> <br />Table 1 - Appendil I .' <br />