Evaluating Fiscal Policy Alternatives Simulation

Evaluating Fiscal Policy Alternatives Simulation - Fiscal...

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1 Fiscal Policy Simulation Evaluating Fiscal Policy Alternatives Simulation Shekitta Ferrell University of Phoenix
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2 Fiscal Policy Simulation Evaluating Fiscal Policy Alternatives Simulation There are many ways in which we can evaluate the government and the economy. Evaluating the fiscal policy and alterative is a great way to review issues that the may have an effect on the government and/or economy. The results of the fiscal policy alternatives simulation will vary depending on each student that takes the simulation. It will change because each person will make different choices. Like this simulation, the government will also change depending on who is making the decisions for the people. Their decisions will affect the economy whether in a positive or negative manner. During this simulation there were many different key factors that arouse. Though there were many discussed, there were four very important key factors that will be discussed. The information that was obtained in this simulation can be directly applied to Globe Life and Accident Insurance Company. Overall, today we will be discussing the results of the fiscal policy alternatives simulation, the supply and demand framework, the four key points in the simulation and also how these things can be applied at Globe Life and Accident Insurance Company. Effects of the changes in the simulation There were many different changes that occurred in result of the decisions that were made in the fiscal policy alternative simulation. One change that occurred was the tax difference. The income tax increased slightly. Another change that occurred was that the real GDP increased. The real GDP also increased due to the fact that taxes were raised. Other changes including a decrease in unemployment, popularity increase and the same budget deficit
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This note was uploaded on 03/31/2009 for the course ACCOUNTING 362 taught by Professor Hamman during the Spring '09 term at University of Phoenix.

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Evaluating Fiscal Policy Alternatives Simulation - Fiscal...

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