"Tokyo Announces Its Stimulus Package;" by Ken Belson; The New York Times; October 17, 2001; Page W1. ... The new stimulus package will be only half the size of last year's supplementary budget and another trillion yen will be used to retire old debts. ... Critics say the new plan only keeps the economy from contracting faster than it would have without the plan. The Finance Ministry said that the government would take in 1.1 billion yen - $9.1 million - less in tax revenue than it had originally forecast. ... Brief Analysis: This article deals with the continuing struggle of th...

• Word Count: 473
• Approx Pages: 2

Unemployment and Inflation can be caused by many different things but normally they follow the business cycle with high inflation in times of boom and high unemployment in times of recession. ... Also, your government needs to consider lowering taxes or finding areas to cut taxes in order to shift the aggregate demand curve to the right. Perhaps initiating some type of government stimulus plan would be significant in helping the economy return back to pre-recessionary times. The key to achieving the best outcome is understanding what proportion of the government spending increase or tax cut is...

• Word Count: 1592
• Approx Pages: 6
• Grade Level: High School

Two years after the death of Mao Zedong in 1976, it became apparent to many of China's leaders that economic reform was necessary. During his tenure as China's premier, Mao had encouraged social movements such as the Great Leap Forward and the Cultural Revolution which had had as their bases ...

• Word Count: 4412
• Approx Pages: 18
• Has Bibliography
• Grade Level: High School