Appendix A
CONTENTS
Page
I. The Nation's Economic Budget,
92
Explanation of the tables
92
The constant dollar estimates
97
II. The Federal Budget
98
III. The distribution of income, prewar and postwar
102
List of Tables
I. The Nation's Economic Budget
92
II. Consumer account
94
III. Business account
95
IV. Net exports and net foreign investment
96
V. Government cash receipts and payments to the public
97
VI. Adjustments
to receipts (or income) in the Nation's
Economic Budget
97
VII. Adjustments to expenditures in the Nation's Economic
Budget
98
VIII. Federal cash surplus, calendar years 1946, 1947, andl948.
99
IX. Federal cash receipts from the public other than borrowing,
calendar years 1946, 1947, and 1948
99
X. Federal cash payments to the public, calendar years 1946,
1947, and 1948
100
XI. Reconciliation of Budget receipts with cash receipts from the
public, calendar year 1947
100
XII. Reconciliation of Budget expenditures with cash payments
to the public, calendar year 1947
101
770958°— 48
7
Q X
I. The Nation's Economic Budget
Explanation of the tables
Table I presents the Nation's Economic Budget for calendar years 1939,
1946, and the first and second half of 1947.
TABL E I.—The Nation's Economic Budget
Calender years 1939,1946; and 1947
[Billions of dollars, current prices]
Economic group
1939
2+1
1946
1947, seasonally adjusted annual rates
First half
Second half»
1+1
CONSUMERS
Disposable income
—
Expenditures
70.2
67.5
+2.7
BUSINESS
Undistributed profits and
additions to reserves
Gross private domestic in-
vestment
Excess of receipts (+) or
investment (—)
158.4
13.3
143.7
+14.8
170.3
17.4
160.0
+10.3
180.8
17.8
19.0
+11.8
9.0
24.6
29.3
31.7
-0.4
-11.3
-11.9
-13.9
INTERNATIONA L
Net foreign investment.. .
Excess of receipts (+) or
investment (—)
GOVERNMEN T
(Federal, State, and local)
Cash receipts from the
0.9
4.8
9.4
8.2
-0. 9
-4. 8
-9. 4
-8.2
public
Cash payments to the
public.
Excess of receipts (+) or
payments (—)
15.0
56.5
58.7
17.6
55.2
54.2
52.7
-2.6
+1.3
+5.5
ADJUSTMENT S
(To