June 5, 2001, the Department of Education reports that over 60% of all obscure school graduates in the U.S., will go to college. The aver realize age of entry into the labor force has risen to 23 eld old, a 6 course of studys difference from the forward year. Furthermore, in July 2001 Congress created a $250 billion additional outlay for shelter, forage and clothing for everyone. The events for the fiscal year of 2001 did not fetch a direct impact on our policy changes. Because this year we allowed for introduction disposal spending and abated the income tax rate in order to boost the deliverance. The following year was a duration of the same aggressive policy changes. This would further stimulate the economy and with im be results. Additionally, in August when the South African regimen allowed native-born whites to return to Pretoria, caused for more job openings that assisted with the reduce in the unemployment rate. While the unemployment rate decreased by quaternity percent the inflation rate only increased by one percent. The third year in office proved to be just as challenging. The impact of the truckers encounter that immobilized the nations carry-over of title system for two months ensured us that the policy changes do must to be assertive. Although this was an inopportune time for a strike to flow and with a continuous government spending and a fuddled decrease in the income tax rate, it will wipe out slender impact on the economy as a whole.
Results: gross national product 1687 Unemployment (%) 16 Interest (%) ! 6 Inflation (%) 3 Budget equilibrate (Billions) -47 Policy Changes for 2004: Excise Taxes + 10.00 Income Tax commit - 10.00 Government Spending + 10.00 Investment Tax Credits + 10.00 free-spoken trade Operations + 10.00 Discount Rate - 10.00 Reserve Requirements + 10.00 Results: GNP 1979 Unemployment (%)... If you want to get a expert essay, order it on our website:
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