Modern Economic Issues in Industry 5

Part 1
Using the virtual model of the economy, produce an assignment, including a printout of your results, that reveals your management of the model in order to achieve, in your view, the optimal level of growth and unemployment possible. You should include the rationale for your decisions. The Chancellor has given you an inflation target of 2%.
Part 2
Given your experience of operating the model, and recent economic conditions, discuss the usefulness of macro-economic computer modelling for decision makers.

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