Managing the Economy. Economical Effects of Reduced Government Spending

Business & Finance
Cover of the book Managing the Economy. Economical Effects of Reduced Government Spending by Anonymous, GRIN Publishing
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Author: Anonymous ISBN: 9783656852209
Publisher: GRIN Publishing Publication: December 2, 2014
Imprint: GRIN Publishing Language: English
Author: Anonymous
ISBN: 9783656852209
Publisher: GRIN Publishing
Publication: December 2, 2014
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2012 in the subject Business economics - Miscellaneous, grade: 1,3, Ashcroft International Business School Cambridge (Anglia Ruskin University), language: English, abstract: This analysis is based on computer simulations provided by Biz/ed's virtual economy, an online model based on the one used by HM Treasury. The virtual economy enables experiments with economic policies and demonstrates impacts on several macro- and microeconomic factors. In 2010, the British government announced the goal to reduce government spending for areas other than health and overseas aid by an average of nineteen per cent over four years thereby aiming to reduce Britain's deficit and provoking sustained economic growth. To investigate the impacts of such a policy, the virtual economy model will be applied to demonstrate effects on the economy when government spending is reduced by ten per cent.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2012 in the subject Business economics - Miscellaneous, grade: 1,3, Ashcroft International Business School Cambridge (Anglia Ruskin University), language: English, abstract: This analysis is based on computer simulations provided by Biz/ed's virtual economy, an online model based on the one used by HM Treasury. The virtual economy enables experiments with economic policies and demonstrates impacts on several macro- and microeconomic factors. In 2010, the British government announced the goal to reduce government spending for areas other than health and overseas aid by an average of nineteen per cent over four years thereby aiming to reduce Britain's deficit and provoking sustained economic growth. To investigate the impacts of such a policy, the virtual economy model will be applied to demonstrate effects on the economy when government spending is reduced by ten per cent.

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