Economists Call for Spur To Bolster U.S. Expansion: Economic Expansion Held Needed
K.	Brimmer, a former member of the Federal Reserve Board, called here today for a money growth rate of 7 1 a per cent to 9 per cent to bolster what "looks tome like a very weak economy next yearÛÓthe expansion is slowing down."</br></br>The announced target of the Federal Reserve Board for money supply growth next year is 5 to 7 'a percent.</br></br>Brimmer, now a professor at the Harvard School of Business Administration, gave this assessment at a joint meeting of the American Economic Association and the American Finance Association and elaborated on it later in talks with reporters.</br></br>The AKA and AFA meetings are part of the Annua! Allied Social Science Associations convention being attended by more than 5.000 persons for three days of seminars and round tables starting today.</br></br>BrimmerÛªs pessimistic view on the 1076 economy was incorporated in a paper he prepared in collaboration with Allen Sinai of M. I. T. for a panel assessing the prospect of a capita] shortage in the U.S. economy. The panel generally agreed that fear of-such a shortageÛÓwidely debated in the business worldÛÓhas been seriously exaggerated.