Fiscal Policy Alternatives

Abstract In Economics 360 at the University of Phoenix I took part in a simulation to demonstrate fiscal policy. During this simulation I discovered several topics relating to what I was learning in the text. I will be discussing the effects of the changes in fiscal policy, several key points, how it relates to the workplace and my results from the growing further section. Fiscal Policy Alternatives The governments of countries evaluate and work with fiscal …

…spending and income tax to influence inflation and unemployment in the economy. Understanding the alternatives covered in the simulation are beneficial to learning and incorporating the fiscal concepts into daily decisions as well as work-related concerns. By being better able to understand the fine balance of taxation and spending we will be better able to understand the decisions that government makes for the good of the country. Reference: Evaluating Fiscal Policy Alternatives, Apollo Group, Inc. 2003