You have just completed your seven-year term as the chief economic policy advisor responsible for managing the economy of a nation. You are expected to develop a report for the incoming administration. In this outgoing report, you will summarize your macroeconomic policy decisions and the economic outcomes for the nation.

Government Spending:

Explain your decision-making regarding government expenditure and how it changed based on the macroeconomic conditions. What was the intent of your fiscal policy decisions in response to the given economic climate?

Evaluate your fiscal policy decisions, including how they impacted key macroeconomics factors such as real GDP growth and unemployment. To what extent did your policies yield positive or negative outcomes?

Refer to the AD/AS model to support your analysis in this section of your report.