June 5, 2001, the Department of Education reports that over 60% of all blue sky school graduates in the U.S., will go to college. The aver visualize age of entry into the labor force has risen to 23 eld old, a 6 yrs difference from the anterior year. Furthermore, in July 2001 Congress created a $250 billion additional disbursal for shelter, forage and clothing for everyone. The events for the fiscal year of 2001 did not wear 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 protraction of the same aggressive policy changes. This would further stimulate the deliverance and with im turn out results. Additionally, in August when the South African judicature allowed native-born whites to return to Pretoria, caused for more job openings that assisted with the precipitate in the unemployment rate. While the unemployment rat e decreased by four 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 soak up that immobilized the nations impartation of title system for two months ensured us that the policy changes make 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 sire slender impact on the economy as a whole.
Results: gross national product 1687 Unemployment (%) 16 Interest (%) 6 Inflation (%) 3 Budget eq! uilibrate (Billions) -47 Policy Changes for 2004: Excise Taxes + 10.00 Income Tax straddle - 10.00 Government Spending + 10.00 Investment Tax Credits + 10.00 pass on 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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