Economics 100 Simulation on Depression

June 5, 2001, the Department of Education reports that over 60% of all sad school graduates in the U.S., will go to college. The aver particular date age of entry into the labor force has risen to 23 eld old, a 6 twelvemonths difference from the old year. Furthermore, in July 2001 Congress created a $250 billion additional using up for shelter, forage and clothing for everyone. The events for the fiscal year of 2001 did not go a direct impact on our policy changes. Because this year we allowed for introduction disposal spending and abated the income tax rate in order to boost the deliverance. The following year was a continuation of the same aggressive policy changes. This would further stimulate the parsimoniousness and with im turn up results. Additionally, in August when the South African organization allowed native-born whites to return to Pretoria, caused for more job openings that assisted with the change magnitude in the unemployment rate. While the une mployment rate decreased by four-spot percent the inflation rate only increased by one percent. The third year in office proved to be just as challenging. The impact of the truckers flush that immobilized the nations transportation system of title system for two months ensured us that the policy changes make must to be assertive. Although this was an inopportune time for a strike to flow and with a continuous government spending and a fuddled decrease in the income tax rate, it will take a leak slender impact on the economy as a whole.

Results: gross national product 1687 Unemployment (%) 16! Interest (%) 6 Inflation (%) 3 Budget equilibrate (Billions) -47 Policy Changes for 2004: Excise Taxes + 10.00 Income Tax calculate - 10.00 Government Spending + 10.00 Investment Tax Credits + 10.00 disperse trade Operations + 10.00 Discount Rate - 10.00 Reserve Requirements + 10.00 Results: GNP 1979 Unemployment (%)... If you want to get a expert essay, order it on our website: OrderCustomPaper.com

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