KVann_FiscalPolicy_03122011

KVann_FiscalPolicy_03122011 - Fiscal Policy 1 Fiscal Policy...

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Fiscal Policy 1 Fiscal Policy refers to the methods employed by the government to influence and monitor the economy by adjusting taxes and/or public spending. In doing so, the government aims to find a balance between lowering unemployment and reducing the inflation rate. The main tools of Fiscal Policy are changes in the composition of taxation and government spending. When you think about the housing market four separate entities come to mind. The first of these four is newly constructed family houses which have not yet been sold in the market which they therefor have yet to be occupied. The second is new rental units (this can either be commercial or private, apartment or house). The third of the four entities are previously occupied or owned properties that are up for resale in the market. The last of these are properties that have been previously owned or occupied that are up for rent (this also may be commercial or private, apartment or house). Since the Second World War the housing market as a whole has been estimated at around
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This note was uploaded on 08/21/2011 for the course ACCT 1221 taught by Professor Adgams during the Spring '11 term at Stetson.

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KVann_FiscalPolicy_03122011 - Fiscal Policy 1 Fiscal Policy...

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