• Macroeconomic Indicators: During the simulation, you made decisions concerning government spending. Discuss the impact of your decisions on key macroeconomic indicators such as real GDP growth and unemployment. Refer to the graphs "Real GDP Growth" and "Unemployment Rate" from your simulation results to illustrate the impact.

Table 2: Other Macroeconomic Data Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Capital Stock US$ (in billions) 100.0 105.7 112.9 121.3 127.7 132.4 136.0 139.4 Productivity Growth % 0.0 4.0 4.8 5.2 3.7 2.6 1.9 1.7 Consumer Price Index 100.0 103.0 110.8 112.5 109.9 112.1 108.8 109.2 Exchange Rate Index 100.0 99.0 96.9 96.4 94.5 94.0 93.4 91.9 Trade Balance US$ (in billions) 0.0 -3.0 -5.9 -8.7 -6.1 -0.4 3.2 5.1 Income Tax Revenue US$ (in billions) 24.0 26.8 24.1 32.5 35.8 39.0 40.4 26.0 Corporate Tax Revenue US$ (in billions) 3.0 3.1 2.8 3.2 3.7 4.1 4.3 2.7 Government Budget Surplus (Deficit) US$ (in billions) -3.0 -5.0 -1.1 9.7 9.5 11.2 4.7 3.7 Government Debt US$ (in billions) 60.0 65.0 66.2 56.4 46.9 35.8 31.0 27.3 Government Debt as % of GDP 60.0 58.1 57.7 46.9 38.0 30.3 25.3 25.2 Copy Table 2 to clipboard