Economic Policy - Reception
Welcome to the economic policy section of the Virtual Economy. This section looks at all the policy tools you can use in the Virtual Economy, gives you some advice on how to use them and also looks at the impact any policy changes may have on the economy.
This section is split into three parts:
You can access these areas at any time by clicking on the relevant room in the side panel.
- Advisers section: general help on policies and also some more specific help on fiscal policy and monetary policy.
- Policy tools section: there are various resources (explanations, theories and worksheets) on income tax, VAT, government expenditure and interest rates.
- Outcomes section: there are various resources (explanations, theories and worksheets) on unemployment, inflation, economic growth, the PSNCR and the debt ratio.
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