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CIA Reading Room cia-rdp85t00176r001300140005-3: IMPACT ON THE OECD COUNTRIES

Approved For Release 2007/02/02 : CIA-RDP85TOO176R001300140005-3 its Approved For Release 2007/02/02 : CIA-RDP85TOO176R001300140005-3 11 March 1982 Impact on the OECD Countries -- For the United States, the inflation pace would decline around 2 percentage points in 1982, below what it could be at $35 per barrel. -- US consumers would be paying $50 billion less for energy, thereby boosting consumer spending by some 2 percent. At the same time, however, the US energy sector would no longer be a major positive factor in economic growth. On balance, real US 1932 GNP would rise about 0.7 percentage…