Adamseconimicslandia

Adamseconimicslandia
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  • Back in the land of Adamseconimicslandia...
  • Princess? What's wrong?
  • I wonder why Princess Economics is crying. 
  • My Father told me that the kingdoms GDP has significantly decreased and Unemployment has increased becaus the blacksmith has laid off workers!
  • Oh no! So that means that the Frictional Unemployment rate is rising! The  Natural  Rate of Unemployment is going to skyrocket!
  • Father said we might end up going into a recession...or worse a DEPRESSION
  • Wait! We could use the Contractionary fiscal policy! We could Decrease Government spending and increase taxes for about a month or so and then We can avoid a depression and Recession!
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