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Economics

Effects of the changes in fiscal policy

What were the effects of the changes in fiscal policy in the simulation - Explain what happened in the simulation as you raised and lowered spending and income tax rates

Describe how inflation, unemployment, and popularity were affected by at least three different configurations of spending and taxation. For example one configuration could be high taxes, low spending on infrastructure, and medium spending on education.

What fiscal policies need to be in place to balance the ideals of lower inflation, lower unemployment, and increased popularity?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9201315

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