Evaluating Fiscal Policy Alternatives - 1270 Words

Evaluating Fiscal Policy Alternatives simulation Principles of Macroeconomics Evaluating Fiscal Policy Alternatives simulation Introduction Fiscal policy is whenever the government changes government spending or taxation as a means of influencing the market economy. This change takes place to stimulate or to restrain inflation. Fiscal policy is the manipulation of trends in the economy by the government. The content of this paper will discuss the effects of the changes in fiscal policy based on the evaluating fiscal policy alternatives simulation. Well Ruled The first part of the simulation for the year 2xx6 showed the decision made was â€Å"well ruled†. The fiscal policy decision made this year will have an impact on the†¦show more content†¦The simulation shows the first item to address is to reverse fiscal decisions. Ideal President The last part of the simulation for the year 2xx8 shows the decisions selected were the result of the â€Å"Ideal President†. The simulation showed the decisions made successfully handled the conditions in the economy and put the economy on the right track. The decisions made will lead to the real gross domestic product of the economy moving closer to the economy’s long-run potential output. During the year of 2xx8 defense spending on social welfare programs was decreased by $200 million. The income tax rate was increased by one percent. This will increase income tax revenues by $200 million. The budget deficit is 2.52 percent of the gross domestic product. The decisions made in the simulation increased popularity to 3.35. The policies chosen will lead to s real gross domestic product of $41.12 billion. Inflation will be at five percent and unemployment will be at 4.46 percent. The simulation shows once the multiplier and the long-run potential output is known a determination is made to follow a contractionary fiscal policy or an expansionary policy. A determination can also be made to determine the exact amount that should be adjusted for government spending and / or taxation to bring the economy closer to the long-run potential output. The Permanent Income Hypothesis gives a reason why the multiplier may not work the way the theory predicts. People make consumptionShow MoreRelatedBasic Education1697 Words   |  7 Pagesfor other purposes) â€Å"Governance of Basic Education Act of 2001.† to protect and promote the right of all citizens to quality basic education free and compulsory education in the elementary level and free education in the high school level. Alternative Learning System for the out-of-school youth and adult learners To provide them with the skills, knowledge, and valuyes they need to become caring, self-reliant, productive, and patriotic citizens. The school shall be the heart of the formal educationRead MoreBudget Review : The Budget Essay749 Words   |  3 Pages balances, surpluses, and deficits of the budgets. 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Why obama is ruining this country Free Essays

Obama is not stupid, he is simply evil. He is tearing apart this country from the inside and 51% of Americans were stupid to let this communist bastard back in to the white house even after four years of him doing, well, NOTHING. At least nothing beneficial. We will write a custom essay sample on Why obama is ruining this country or any similar topic only for you Order Now Now this socialist pig is trying to get rid of â€Å"assault weapons† and 30 round magazines. Colorado theater shooting, sandy hook, even so far back as columbine high school were a result of a mentally unstable person or persons acting violently because they were insane. If you walked up to a sane, rational person and handed them a loaded AR-1 5 chances are they wouldn’t think â€Å"Oh well I have this gun, might as well go rob that gas station, and while I’m at it, I’m going to shoot up a school. † These socialist politicians are too stupid to figure that out. I agree with you that he wants total control of the US, I wouldn’t even be surprised if he tried to run for a third term. He could probably find some loop hole. And all the minorities and illegal would rally behind him if he wanted another term. In addition to all of this, he is a post turtle. He is president, sure, but he sure as hell didn’t get there by himself. I will close with saying this: I have only been on this earth for 14 years but In that time I have seen the once great America crumble around me. The world hates us, we turned tall In Vietnam, and now Afghanistan. This once great nation is turning into a communist powerhouse and all the dumb-asses that voted for Obama are scratching their empty minded heads eying â€Å"Well he promised change, I guess capitalism to communism Is change, that’s good, right? I have watched time and time again, news reporters walk up to minorities and go â€Å"Do you think Obama Is doing a good Job? † then they would reply â€Å"Well yes. † then the reporter would say â€Å"What do you think he has done that has benefited us the most? † then they would respond with, â€Å"Well, man, uh†¦. It’s all good. † And that’s the best they could come up with. I submit that If America continues on this path, It might as well bend over, grab It’s ankles, and kiss It’s ass goodbye. How to cite Why obama is ruining this country, Papers

My Life Goals Essay Example For Students

My Life Goals Essay My future long-term career goal is to become a part of the governments defense counsel, either by becoming a legal secretary or an attorney. I would need to attend college, pass the bar exam and become board certified in order to become an attorney. In reference to becoming a legal secretary I believe Ive developed those skills through several years of hard work, and I feel Ive gained enough experience to pursue this field. I believe I will be successful in becoming an attorney. I am determined to finish high school with the academic excellence required to obtain a good professional direction in the law field. I have several years of expierence in Law, Speech, Acting, and Debate. These qualities will help me to pursue questioning, and feel comfortable in the courtroom. It was difficult to find information on my career goal. I found several job opportunities, but I could not find information on the academic requirements needed to attend a 4 star law school on the internet. I had to research my information through word of mouth, and the results I received from the job search worksheet we did gave me a lot of needed information. My current job skills relate to my future career goals in several ways. My knowledge of computers are very useful in todays society. I am experienced in several aspects of the computer. I am literate of several computer programs such as Peachtree Accounting, Microsoft Word and Works,and Power point among several others. I have several years of experience with the internet. I took 4 years of computer classes, and Ive built my own web-site. Furthermore, I consider myself very computer literate, and in todays career fields literacy is required, and a fast typing speed is encouraged. Communication and social skills are very important when dealing with customers. The happiness and satisfaction of the customer is what companies thrive their business on in order to profit, and keep up with supply and demand. Maintaining a professional attitude is very I,mmportant when dealing with clients. Whether the client is happy or night, the needs of the customer are the most important. In High School I took several communications classes. My favorite was Law class. We had Mock-Trials, which was role playing for the students in order to get the feel of a real courtroom. I received an A in Law Class. I took Speech, Acting, Childrens Theatre, Drama. I worked for a large insurance company that dealt with insurance claims, and I was surrounded by lawyers. I learned the basics of handling insurance claims, but Id still like to be on the defense counsel. My current job skills relate to my future career goals in several ways. My knowledge of computers are very useful in todays society. I am experienced in several aspects of the computerBibliography:Im graduating in 2 weeks