Several legislative proposals for a national fair-trade law or “quality stabilization” have been introduced in Congress. This article estimates the impact of quality stabilization on the Consumer Price Index. Depending on the extent to which fair trading currently prevails, quality stabilization would increase the CPI by one to ten percent.
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References
1.
Economic Report of the President (Washington, D. C.: Government Printing Office, 1964).
2.
Quality Stabilization, Hearings Before a Subcommittee of the Committee on Commerce, U. S. Senate, 87th Cong., 1st and 2nd sess. (Washington, D. C.: Government Printing Office, 1962).
3.
Quality Stabilization, Hearings Before a Subcommittee of the Committee on Interstate and Foreign Commerce, U. S. House of Representatives, 88th Cong., 1st sess. (Washington, D. C.: Government Printing Office, 1963).
4.
Quality Stabilization, Hearings Before a Subcommittee of the Committee of Commerce, U. S. Senate, 88th Cong., 1st and 2nd sess. (Washington, D. C.: Government Printing Office, 1964).
5.
SchultzeCharles L., Recent Inflation in the U. S., Study Paper No. 1, Joint Economic Committee of Congress (Washington, D. C.: Government Printing Office, 1959).
