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Year 4 Economic Forecast The world economy is slowing down further as the governments in the world's largest countries fail to boost growth and reduce

Year 4 Economic Forecast
The world economy is slowing down further as the governments in the world's largest countries fail to boost growth and reduce unemployment in a significant way. Emerging markets are also slowing down as commodity prices have dropped, and several overheated real estate markets have started to suffer.
As result of these different headwinds, world economic growth is expected to slow down to 1.6% next year.
Forecast World Economic Growth ??%
1.6
Econland Consumer Confidence Index
108
Decisions
Interest Rate
3.0%
Last year's interest rate 3%
Income Tax Rate (i)
18%
Last year's income tax rate: 18%
Corporate Tax Rate
25%
Last year's corporate tax rate: 25%
Government Expenditure (billions)
Expenditure should be between 0-1000 billion
Last year's government expenditure (billions): $30
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