Economics 100 Simulation on Depression
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Words: 2515
Pages: 9
(approximately 235 words/page)
Pages: 9
(approximately 235 words/page)
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June 5, 2001, the Department of Education reports that over 60% of all high school graduates in the U.S., will go to college. The average age of entry into the labor force has risen to 23 years old, a 6 years difference from the previous year. Furthermore, in July 2001 Congress created a $250 billion additional spending for shelter, food and clothing for everyone. The events for the fiscal year of 2001 did not have a direct impact on our policy changes.
showed first 75 words of 2515 total
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showed first 75 words of 2515 total
showed last 75 words of 2515 total
economic recovery process. The continuous increase and decrease of policy changes have resulted in a considerably stable economy. In conclusion, of the fiscal year 2008 the most significant outcome of the presidential term was the unemployment rate that decreased from 22% in 2000 to 9% in 2008. Establishing an aggressive fiscal and monetary policy for the first five years allowed a boost in the economy. Slowly tightening government spending and open market operations kept the inflation rate at five percent.
economic recovery process. The continuous increase and decrease of policy changes have resulted in a considerably stable economy. In conclusion, of the fiscal year 2008 the most significant outcome of the presidential term was the unemployment rate that decreased from 22% in 2000 to 9% in 2008. Establishing an aggressive fiscal and monetary policy for the first five years allowed a boost in the economy. Slowly tightening government spending and open market operations kept the inflation rate at five percent.