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gov econ policy
Essay specific features
Written by:
Richard E
Date added:
March 3, 2015
Level:
University
Grade:
A
No of pages / words:
5 / 1250
Was viewed:
8357 times
Rating of current essay:
Essay content:
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...
displayed 300 characters
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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...
displayed 300 characters
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