Title: gov econ policy

Essay Details

Subject: Business
Author: Robert C
Date: July 16, 2015
Level: University
Grade: A
Length: 5 / 1250
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

This caused G non-profitable expenditure (G1) to increase and thus caused deficit budgets. This is when Private Investment (I), Economic Growth (GDP) and Private Consumption started to fall tremendously. In later years the G borrowed money from other nations because worsening Fiscal policy. The trouble was that the G was borrowing to pay G1 expenditure not G2...

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The trouble was that the G was borrowing to pay G1 expenditure not G2. This caused a lack of I multiplier effect within the economy. The lack of money circulating in the economy lowered the Production Possibilities Curve (PPC) making the nation not able to provide enough goods and services for the people...

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