Economics 100 Simulation on Depression

June 5, 2001, the Department of Education reports that over 60% of all mettlesome school graduates in the U.S., will go to college. The aver duration age of entry into the labor force has risen to 23 eld old, a 6 yrs difference from the preceding year. Furthermore, in July 2001 Congress created a $250 billion additional consumption for shelter, forage and clothing for everyone. The events for the fiscal year of 2001 did not pass on 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 protraction of the same aggressive policy changes. This would further stimulate the parsimony and with im proven results. Additionally, in August when the South African government activity allowed native-born whites to return to Pretoria, caused for more job openings that assisted with the decline in the unemployment rate. While the unemploym ent rate decreased by quaternity 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 identify that immobilized the nations transfer of training of title system for two months ensured us that the policy changes do 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 pull in slender impact on the economy as a whole.

Results: gross national product 1687 Un employment (%) 16 Interes! t (%) 6 Inflation (%) 3 Budget equilibrate (Billions) -47 Policy Changes for 2004: Excise Taxes + 10.00 Income Tax post - 10.00 Government Spending + 10.00 Investment Tax Credits + 10.00 open up 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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