User:DeficitSpender/Sandbox5: Difference between revisions
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==GDP==
[[File:TNO Economy GDP.png|right|link=]]
The {{color|palegreen|Gross Domestic Product}}, or {{color|
A country's industrial potential, based on its {{color|yellow|GDP}}, is represented in the form of {{icon|produnit}}{{color|palegreen|Production Units}}. These units can be allocated freely between {{icon|civ}}{{color|lightcoral|Civilian Factories}}, {{icon|mil}}{{color|palegreen|Military Factories}} and {{icon|toaster}}{{color|cornflowerblue|Consumer Goods}}. The number of assignable units is limited by the nation's production of {{icon|power}}{{color|yellow|Grid Power}}, which is increased by building {{color|yellow|Power Plants}}.
{{icon|civ}}{{color|lightcoral|Civilian Factories}} are used to construct new buildings on the map in the {{color|yellow|Construction}} tab.
{{icon|mil}}{{color|palegreen|Military Factories}} can be assigned to produce material in the {{color|yellow|Production}} tab. {{icon|produnit}}{{color|palegreen|Production Units}} assigned to {{icon|mil}}{{color|palegreen|military production}} can be divided into multiple less efficient {{icon|workshop}}{{color|orange|workshops}}, in order to more easily balance our production lines. Such action will {{color|palegreen|double}} ({{color|yellow|2x}}) the number of our military factories but {{color|lightcoral|decrease the output}} by {{color|lightcoral|50.00%}}.
{{icon|toaster}}{{color|cornflowerblue|Consumer Goods}} are a resource that can be exchanged on the {{color|yellow|Trade}} tab. Each month, the civlian populace will demand a certain amount of these goods. The player must satisfy their demands via a combination of our own products or foreign {{color|yellow|imports}}.
{{color|yellow|Grid Power}} is used to power your nation's economy, and is produced by {{color|yellow|Power Plant}} buildings. {{icon|power}}{{color|yellow|Grid Power}} acts as a cap on the number of {{icon|produnit}}{{color|palegreen|Production Units}} which can be assigned. Should the number of {{icon|produnit}}{{color|palegreen|Production Units}} exceed {{icon|power}}{{color|yellow|Grid Power}}, the {{icon|produnit}}{{color|palegreen|Production Units}} wille simply become unused and will not contribute to the national econonmy.
==Inflation==
[[File:TNO Economy Inflation.png|right|link=]]
{{icon|inflation}}{{color|lightcoral|Inflation}} is considered one of the most annoying
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==Budget==
==={{icon|usdred}}Expenditure===
▲[[File:TNO Economy Budget Deficit.png|right|link=]]
▲{{color|lightcoral|Expenditure}} is divided into 4 sub-spendings:
{{icon|redbox}} {{color|lightcoral|Military Spending}}, is the cost of maintaining {{color|seagreen|Divisions}}, {{color|steelblue|Navy Ships}}, {{color|silver|Airforce}} and {{color|indianred|Nuclear Stockpiles}}.
{{icon|yellowbox}} {{color|gold|Civilian Spending}}, is the cost of Social Programs, Administrative Costs and Research Funding.
{{icon|orangebox}} {{color|orange|Debt Servicing}}, is allocated to paying off the {{color|lightcoral|National Debt}}, determined by the {{color|yellow|Interest Rate}}.
{{icon|purplebox}} {{color|plum|Other Costs}}, which is miscellaneous expenditures.
==={{icon|usdgreen}}Revenue===
▲{{color|palegreen|Revenue}} is also divided into 4 sub-revenues:
{{icon|tealbox}} {{color|teal|Income Tax}}, which comes from workers both above and below the {{color|yellow|Poverty Line}}.
▲==={{icon|gdp}}Surplus and Deficit===
{{icon|greenbox}} {{color|green|Business Tax}}, which comes from {{color|cornflowerblue|Consumer Goods Production}}, taxed at a certain percentage.
▲==={{icon|power}}Grid Power===
{{icon|bluebox}} {{color|dodgerblue|Excise Revenue}}, which comes from {{color|yellow|Sales Taxes}} and {{color|yellow|Tarriffs}}.
{{icon|indigobox}} {{color|mediumpurple|Other Revenue}}, which is miscellaneous revenue.
==={{icon|gdp}}Surplus and Deficit===
An economic {{icon|usdgreen}}{{color|palegreen|Surplus}} is caused if {{color|yellow|spending}} is {{color|palegreen|less than national revenue}}, and will lead to a {{color|lightcoral|decrease}} in the {{icon|gdpgrowth}}{{color|gainsboro|nominal GDP Growth}} as long as it continues. However, the country will gain extra {{color|dodgerblue|reserves}} and avoid the {{icon|politicalpower}}{{color|yellow|political power}} cost from a {{color|lightcoral|deficit}}. A {{color|palegreen|surplus}} can save the economy from expanding debts, but {{color|lightcoral|harms the economic growth}}.
An economic {{icon|usdred}}{{color|lightcoral|Deficit}} is caused if {{color|yellow|spending}} is {{color|lightcoral|more than national revenue}}, and will lead to an {{color|palegreen|increase}} in the {{icon|gdpgrowth}}{{color|gainsboro|nominal GDP Growth}} as long as it continues. However, debt will also increase by the monthly deficit every month, along with a cost in {{icon|politicalpower}}{{color|yellow|political power}}. A {{color|lightcoral|deficit}} is often superior to a {{color|palegreen|surplus}}, allowing the country to expand their economy {{color|yellow|greatly}}, but a {{color|lightcoral|high deficit}} can also lead to {{color|darkred|extreme debt}}.
==Economic Warnings==
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