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Benefits and Limitations of Economic Policy Responses to an Oil Supply Disruption

RCED-85-151 Published: Aug 08, 1985. Publicly Released: Aug 09, 1985.
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Highlights

Pursuant to a congressional request, GAO analyzed possible economic response policies that could be used to alleviate the effects of a petroleum supply disruption, focusing on: (1) possible fiscal and monetary policy responses; and (2) the possible effects of expanding funding or eligibility for the Low Income Home Energy Assistance Program (LIHEAP) or the Earned Income Tax Credit (EITC).

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Topics

Block grantsDisadvantaged personsEconomic policiesEligibility criteriaEmergency preparednessEnergy shortagesFiscal policiesMacroeconomic analysisMonetary policiesOil resources