Question: EC V 0 n 32 Simulation Checkpoint Assi... n Module Three Simulation Chec... PREPARE DECIDE DASHBOARD Year 2 Results Real GDP Growth 9 High 10.0

 EC V 0 n 32 Simulation Checkpoint Assi... n Module Three

EC V 0 n 32 Simulation Checkpoint Assi... n Module Three Simulation Chec... PREPARE DECIDE DASHBOARD Year 2 Results Real GDP Growth 9 High 10.0 8.0 6.0 4.0 2.0 0.0 Inflation Rate 9 Low 2.0 1.6 1.2 0.8 0.4 0.0 Unemployment Rate ECO-202T3589 Macmeconom... REPORTS 9 Low 10.0 8.0 6.0 4.0 2.0 % of labor force 0.0 Budget Surplus (Deficit) @ Average 4.0 2.0 0.0 .20 % of GDP .4.0 76.0 0 1 2 forio.com Approval Rating points 84567 Make Decisions for Year 3 J hugs/(services.hbspharvarde... Average Approval Rating 0 High 0 V Macroeconomics Simulation: E... Resources v Feedback from Policy Advisor 1' The economy is growing at a good pace. See it you can identify the policy decisions that have resulted in this level of economic growth. The budget deficit is large. Consider what can be done to bring government spending in line with revenues. This can be done by raising taxes or keeping government spending under control. However, remember that cutting spending too much might lead to a recession. (D u [Solved] Last year Ecanland's

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