3-2 Simulation Checkpoint Assignment ECO-202-T5625 Macroeconomics

JMooreHelpNeeded
TableOtherMacroeconomicData.docx

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) 100.0 106.2 114.2 124.2 133.2 147.1 161.7 178.8

Productivity Growth % 0.0 4.3 5.3 6.2 5.1 7.3 6.9 7.4

Consumer Price Index 100.0 103.4 110.1 109.6 117.2 125.6 129.3 137.8

Exchange Rate Index 100.0 98.5 96.1 93.3 89.1 84.5 80.0 74.9

Trade Balance US$ (in billions) 0.0 -5.3 -10.3 -14.7 -13.4 -18.7 -24.7 -28.1

Income Tax Revenue US$ (in billions) 24.0 21.0 17.5 26.4 30.9 25.1 19.3 17.5

Corporate Tax Revenue US$ (in billions) 3.0 2.8 2.2 2.4 2.8 2.5 1.9 1.5

Government Budget Surplus (Deficit) US$ (in billions) -3.0 -6.2 4.7 -1.3 1.7 -0.4 -8.8 -11.0

Government Debt US$ (in billions) 60.0 66.2 61.5 62.8 61.0 61.4 70.3 81.3

Government Debt as % of GDP 60.0 59.8 56.2 45.2 41.4 36.8 36.5 37.2