Question
Table 3: Economic Environment, Decisions, and Results This table summarises the Decisions and Results of your game. Year 0 Year 1 Year 2 Year 3
Table 3: Economic Environment, Decisions, and Results This table summarises the Decisions and Results of your game.
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 100.0 100.0 102.3 149.8 102.5 96.3 99.6 102.0
Interest Rate % 3.0 3.0 3.0 3.0 3.0 3.0 3.0 3.0
Income Tax Rate % 24.0 24.0 24.0 24.0 24.0 24.0 24.0 24.0
Corporate Tax Rate % 30.0 30.0 30.0 30.0 30.0 30.0 30.0 30.0
Government Expenditure US$ (in billions) 30.0 100.0 125.0 100.0 100.0 100.0 110.0 90.0
Real GDP Growth % 2.5 99.6 9.0 -3.4 3.2 3.9 2.9 -6.7
Unemployment Rate % 5.0 2.0 2.0 4.7 7.1 4.1 4.3 8.5
Inflation Rate %2.0 2.0 6.8 5.9 1.7 -1.7 3.1 3.0
Budget Surplus (Deficit) as % of GDP -3.0 -22.1 -25.8 -14.5 -12.6 -11.7 -13.2 -7.4
Table 1.1
The table above summarizes the macroeconomic climate of Econland over my term.
[Add a two- to three-sentence summary specifying which underlying scenario you chose, as well as your overall performance and approval ratings as the chief economic policy advisor of Econland based on your simulation results.]
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