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Mr. Ridley
asked the Chancellor of the Exchequer why the Inspector of Taxes, Evesham, has lost the file of M. J. Duffy Ltd., of 76 Ashchurch Road, Newtown, Tewkesbury, dealing with their application for a No. 714 certificate; and
| Target growth rates for 1977 | Past growth rates (end year on end of previous year) | |||||
| (Per cent.) | 1974 | 1975 | 1976 | |||
| 1. United States: | ||||||
| M1 | … | … | 4½–6½ | 4·7 | 4·1 | 5·8 |
| M2 | … | … | 7–10 | 7·2 | 8·5 | 11·3 |
| M3 | … | … | 8½–11½ | 6·8 | 11·3 | 13·1 |
| 2. Canada: | ||||||
| M1 | … | … | 8–12 | 5–9 | 22·6 | 1·7 |
| 3. Germany: | ||||||
| Central Bank Money* | … | … | 8 | 6·5 | 9·9 | 8·4 |
| 4. France: | ||||||
| M2 | … | … | 12½ | 17·9 | 13·9 | 12·6 |
| * Currency in circulation, plus minimum reserves of the banking system adjusted for changes in reserve ratios. | ||||||