Fiscal Policy Simulation Analytical Essay by ResearchRiter

Fiscal Policy Simulation
A discussion of inflation and a policy simulation.
# 122243 | 1,000 words | 11 sources | APA | 2008 | US
Published on Dec 01, 2008 in Economics (Inflation) , Economics (Macro)


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Description:

This paper examines the two parameters that define the environment in which a government operates: the full-employment GDP or "income level" of an economy and the income multiplier. Given these parameters, government officials use taxation and spending changes to keep inflation and unemployment at acceptable levels while keeping the economy growing, the government out of debt, and themselves in office.

From the Paper:

"The focus of this simulation was the effects of government taxation and expenditure policy on the economy of its nation There are two parameters that define the environment in which a government operates: the full-employment GDP or income level of an economy and the income multiplier. Given these parameters government officials use taxation and spending changes to keep inflation and unemployment at acceptable levels while keeping the economy growing, the government out of debt and themselves in office. The full-employment income level is the Gross Domestic..."

Cite this Analytical Essay:

APA Format

Fiscal Policy Simulation (2008, December 01) Retrieved November 25, 2020, from https://www.academon.com/analytical-essay/fiscal-policy-simulation-122243/

MLA Format

"Fiscal Policy Simulation" 01 December 2008. Web. 25 November. 2020. <https://www.academon.com/analytical-essay/fiscal-policy-simulation-122243/>

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