Reflect on the decisions you made in the simulation and address the following government intervention options:

1. Macroeconomic Indicators: During the simulation, you made decisions concerning government spending. Discuss the impact of your decisions on key macroeconomic indicators such as real GDP growth and unemployment. Refer to the graphs "Real GDP Growth" and "Unemployment Rate" from your simulation results to illustrate the impact.

Reflect on the decisions you made in the simulation and address the following government intervention options: 1. Macroeconomic Indicators: During the simulation, you made decisions concerning government spending. Discuss the impact of your decisions on key macroeconomic indicators such as real GDP growth and unemployment. Refer to the graphs "Real GDP Growth" and "Unemployment Rate" from your simulation results to illustrate the impact. 2. Interest Rates: Describe how your changes in interest rates impacted inflation and other key macroeconomic indicators used in the simulation. Refer to the "Inflation Rate" graph from your simulation results. Real GDP Growth Unemployment Rate Approval Rating Feedback from Policy Advisor High Low 10.0- 5.0 100 80 4.0 60. 3.0 - or force 40- 2.0 - The economy is growing at a good 20 1.0 - pace. See if you can identify the 00 00- 4 5 6 7 policy decisions that have resulted in this level of economic growth. Inflation Rate Budget Surplus (Deficit) Average Approval Rating Average Low High 5.0 - -0.0 - 4.0 - -2.0 3.0 - -4.0 71 2.0 - -6.0 9% of 1.0 -8.0 points 0.0 - -10.0 0 012 3 4 5 6 7Year 7 Results This table shows the various Table 1: Real GDP and Its Components 0 components of Gross Domestic Product Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Consumption 55.0 62.3 66.6 75.8 82.5 89.9 97.7 105.1 Government Expenditure 30.0 34.0 35.0 38.0 37.0 40.0 1.0 42.0 Investment 15.0 15.2 15.7 16.9 16.5 17.4 17.4 18.6 Exports 25.0 25.6 26.6 27.4 28.4 29.5 30.6 32.0 Imports 25.0 28 3 30 0 33.7 360 38.1 10.3 42.2 Nominal GDP 100.0 108.8 113.9 124.4 128.5 138.7 146.4 155.6 Real GDP 100.0 106.7 106.8 113.3 114.1 119.3 123.0 126.2 This table shows economic Table 2: Other Macroeconomic Data & variables that are impacted by your decisions and help to explain the results Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Capital Stock US$ (in billions) 100.0 105.2 110.4 116.2 121.1 126.3 131.1 136.6 Productivity Growth % 0.0 3.6 3.4 3.7 2.9 3.0 2.6 3.0 Consumer Price Index 100.0 102.0 106.7 109.8 112.6 116.3 119.0 123.3 Exchange Rate Index 100.0 100.0 99.0 97.8 95.8 92.9 90.5 87.8 Trade Balance US$ (in billions) 0.0 -2.7 -3.4 -6.3 -7.5 -8.6 -9.7 -10.2 Income Tax Revenue US$ (in billions) 24.0 26.1 27.3 27.4 28.3 30.5 32.2 34.2 Corporate Tax Revenue US$ (in billions) 3.0 3.3 3.9 3.7 3.9 3.9 4.1 Government Budget Surplus (Deficit) US$ (in billions) -3.0 -4.6 3.8 -6.9 -5.6 -4.7 .3.4 Government Debt US$ (in billions) 60.0 64.6 68.4 75.3 80.2 85.8 90.5 93.9 Government Debt as % of GDP 60.0 59.4 60.1 60.6 62.4 61.9 61.8 60.4Table 3: Economic Environment, Decisions, and Results Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Global Economic Growth Forecast 2.4 2.4 2.8 2.0 1.6 1.0 1.3 2.0 Consumer Confidence Index 100.0 100.0 102.3 103.3 98.0 101.1 98.3 102.3 Interest Rate % 3,0 3.0 3.0 3.0 3.0 2.5 2.5 2.5 Income Tax Rate % 24.0 24.0 24.0 22.0 22.0 22.0 22.0 22.0 Corporate Tax Rate % 30.0 30.0 34.0 30.0 30.0 28.0 28.0 28.0 Government Expenditure US$ (in billions) 30.0 34.0 35.0 38.0 37.0 40.0 41.0 42.0 Real GDP Growth % 2.5 6.7 0.1 6.1 0.7 4.5 3.1 2.6 Unemployment Rate % 5.0 3.3 4.3 4.5 4.3 4.9 3.9 4.7 Inflation Rate % 2.0 2.0 4.7 3.1 2.9 3.7 2.7 4.3 Budget Surplus (Deficit) as % of GDP -3.0 -4.3 -3.3 -5.6 -3.8 -4.0 -3.2 -2.2