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ID number:705278
Evaluation:
Published: 01.06.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

"Even in free market economies, governments have an important role to play in keeping the economy on the growth path, and dealing with inflation and recession." The fiscal policy simulation was offered to provide the students with an environment in which to make fiscal policy decisions and study the outcomes. The purpose of this paper is to explain the effects of changes in fiscal policy, identify four key points presented in the simulation, apply the lessons to the workplace, and describe the growing further results. …

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