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Synthesis of All Three Effects

The effects of labor, money, and GDP all synthesize together as they equally stand alone. The connection of labor and money deals with the furloughment and loss of wages they fail to receive. Also, since employees are losing their paychecks for the time being, they will also attempt to cut their own spending, ultimately hurting the economy. The connection of labor and GDP relates to the services provided. Due to the government employees becoming furloughed, the services provided decrease, therefore decreasing the nation’s GDP. When it comes to the connection of money and GDP, this is shown simply in their relationship with each other. If money is being lost, then that will adversely affect the GDP of the United States. Citizens will not have more money to stimulate the economy by purchasing the produced goods or provided services, therefore decreasing the country’s GDP. Not only do these effects stand alone and present a problem, but they also can combine together and create more problems.

License

Government Shutdown and U.S. Economy: An Impact We Can Control Copyright © 2018 by Chase Howard. All Rights Reserved.

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