Question: hope you can help Table 1: Real GDP and Table 1.1 its Components O Year Year Year Year Year Year 2 Year Table 3: Economic
hope you can help

Table 1: Real GDP and Table 1.1 its Components O Year Year Year Year Year Year 2 Year Table 3: Economic Environment, Decisions, and Results O Consumption 55.0 620 69.4 78.3 85.5 922 101.1 1076 Year Year Year Year Year Year Year Year Government Expenditure 30.0 330 36.0 39.0 410 440 460 460 Investment 150 154 16.4 17.6 182 188 195 203 Global Economic Growth 2.4 2.4 26 2.2 20 1.7 1.9 2.2 Exports 250 257 26.6 27.5 28.7 30.0 31.1 326 Forecast 100.0 100.0 101.8 102.7 101.1 101.0 100.5 102.0 Imports 250 281 31.1 347 371 388 417 432 Consumer Confidence Index Nominal GDP 100.0 1080 117.3 127.7 1362 146.2 156.0 163.3 Interest Rate % 3.0 2.5 25 3.0 30 25 30 3.0 teal GDP 100.0 1054 109.8 114.3 117.7 1223 1270 1290 Income Tax Rate % 24.0 240 220 22.0 240 240 21.0 23.0 Corporate Tax Rate % 30.0 30.0 280 280 300 300 270 30.0 Table 2.1 Government Expenditure 30.0 33.0 36.0 39.0 41.0 440 46.0 46.0 [Insert your responses to the following: Explain the intent of the taxation policy decisions you made of your US$ (in billions) seven-year term. What were the macroeconomic principles or models that influenced your decision making?] Real GDP Growth % 25 54 42 1 30 39 38 1.6 [Identify the impact of your e consumption and investment affected by your tax policy decisions? Explain these dynamics using specific macroeconomic principles Unemployment Rate % 50 38 32 37 42 42 39 48 from the course reading.] 20 25 43 [Compare and contrast the impact of your tax policy decisions with those of current or historical examples in Inflation Rate % 49 40 38 32 3.8 the United States. What do these examples demonstrate about the validity of macroeconomic models? Be sure to Budget Surplus (Deficit) -3.0 -3.5 19 -57 31 31 -22 cite your research appropriately.] as % of GDP U.U - The table above summarizes the macroeconomic climate of Econland over my term. The underlying scenario that I used in Eco used in Econland economy was Stagnation the reason that I chose this is Figure 4.1 because my life is a rollercoaster and I was hoping to just coast for a bit. The end of my term here at Econland is just another but I did end this term with a approval of 74, that is a number a person can still [When Econland was thriving I allowed you to take advantage of the lower tax bills. There comes be proud to be approved of. When I hand over the reigns of Econland the a time when you have to pull the reigns. There is a fine line between being a good thing and being too accomplishment following with the sigh of relief. The accomplished feelings are drawn together from the trial and error process of the generations before us. from the many moments that I was unsure if I was going to be cut out for this kind of work a two- to three-sentence su 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. much of a good thing, trying to avoid this here in Econland. So I did what needed to be done. I lowered Figure 3.2 the interest rate so that I could raise tax and still be able to rescue our GDP. Once the GDP recovered I was able to balance Econland and salvage my approval score before my term was finished. Explain how [Insert your responses to the following: Explain your decision making regarding government you changed the interest rate levels and how these changes impacted other macroeconomic factors expenditure and how it changed based on the macroeconomic conditions. What was the intent of your such as inflation, consumption, investments, GDP, and foreign trade. Pro reign trade. Provide specific examples to fiscal policy decisions in response to the given economic climate?] illustrate.] [Compare and contrast the impact of your monetary policies with those of current or historical examples in the United States. What do these examples demonstrate about the validity of macroeconomic models? Be sure to cite your research appropriately.] Global Context [Insert your responses to the following: Analyze the impacts of openness to trade in general. Why and how are the impacts of monetary and fiscal policies different in a closed economy versus an open economy? Support your claims with specific details from your course reading.] Conclusions [Insert your overall conclusions about the relevance and significance of macroeconomics. Assess [Evaluate your fiscal policy decisions, including how they impacted key macroeconomics factors the effectiveness of your econom such as real GDP growth and unemployment. To what extent did your policies yield positive or negative anticipated results? Did your macroeconomic principles and models behave in ways that you expected? outcomes?] Provide specific examples to illustrate.] [Refer to the AD/AS model to support your analysis in this section of your report.] [Evaluate how consumer confidence might have impacted the outcomes of your policy decisions for the economy of Econland. Why is consumer confidence a relevant factor for making informed macroeconomic decisions?]
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