Real GDP Growth Unemployment Rate Approval Rating Feedback from Policy Advisor High Low 10.0- 5.0 - 100 - 8.0- 4.0 - 80 - 6.0 - 3.0 - 60 4.0 2.0 - 40 - The economy is growing at a good % of labor force 2.0 - 1.0 - 20 - pace. See if you can identify the 0.0 0.0 policy decisions that have resulted in W9 - 0 1 2 3 4 5 6 7 1 2 3 4 5 6 7 6 this level of economic growth. You have kept government Inflation Rate Budget Surplus (Deficit) Average Approval Rating expenditure constant in nominal terms. Remember that, if inflation is High Low High positive, this amounts to a reduction in government expenditure in real 10.0 - -0.0 - terms (i.e. after adjusting for 8.0 - -2.0 - inflation). 6.0 - -4.0 - 71 Inflation is high. See what can be % of GDP 4.0- -6.0 - done to reduce inflationary 2.0 -8.0 - pressures. points 0.0 -10.0 0 1 2 3 4 6 7 0 1 3 4 5 6 7