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Cheat Sheet
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Calculator
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Tunes.exe
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Recycle Bin
📌 Note from Dr. N.
Don't forget — stabilizers respond to UNEMPLOYMENT, not inflation. Read the labor data first!
☕ To-do
Refill the printer. The senator's briefing book is due Friday.
📧 Inbox — CBO Mail
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● Unread 🚩 Priority 📂 Fiscal Analysis
📊 Economic Dashboard
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📈
Q3 Indicators
FY2024
Gross Domestic Product
Nominal GDP
$0 B
Current dollars
Real GDP
$0 B
Constant dollars
Nom
Real
Labor Market
Actual U-rate
0.0%
Current period
Natural Rate (NAIRU)
0.0%
Long-run baseline
— Loading data —
🔍 Analyst Tools — Stabilizer Workflow
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Progress
1

📐 Calculate the GDP Deflator

Use Nominal & Real GDP from the Dashboard

Deflator = (Nominal GDP ÷ Real GDP) × 100
Deflator =
2

👥 Calculate Cyclical Unemployment

How far is actual from the natural rate? (Sign matters)

Cyclical = Actual U-rate − Natural Rate
Cyclical = %
3

💵 Unemployment Insurance Spending

Given cyclical unemployment, do UI payments automatically rise or fall?

4

🏛️ Federal Tax Revenue

What direction does tax revenue automatically move?

📋 Round Report
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📊
Round Performance
🧮 Calc.exe
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0
📋 Macro Cheat Sheet
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⚠️ Opening the cheat sheet costs 3 score points this round — use wisely!
📐 GDP Deflator
Deflator = (Nominal ÷ Real) × 100
Deflator > 100: prices have risen since base year. The bigger the gap between nominal & real, the higher the deflator.
👥 Cyclical Unemployment
Cyclical = Actual − Natural (NAIRU)
Positive = recession (output gap). Negative = boom / overheating. Zero = at potential.
⚙️ Automatic Stabilizers
Recession → UI ↑ & Tax ↓
Boom → UI ↓ & Tax ↑
Stabilizers respond to unemployment & income, not the price level. They move WITHOUT a vote from Congress.
🎵 Tunes.exe — Study Mix
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Stabilize This!
CBO INTERN · STUDY PLAYLIST
🎧
Click Open Playlist below to launch the full Suno player in a new tab.
▶ Open Playlist ↗
Suno may block in-app embedding. If the player stays blank, the "Open Playlist" button always works.
🗑️ Recycle Bin
×
🗂️

3 items · recently deleted

Looks like the previous intern tried to clean up. Don't you dare empty this.

  • 📄 Stimulus_proposal_(rejected_v3).docx
  • 📄 Phillips_Curve_explainer_DRAFT.pdf
  • 🎮 Solitaire.exe
⭐ 100

Congressional Budget Office

Intern Workstation v3.1

📧
Inbox
Briefings from supervisors
📊
Economic Dashboard
GDP & labor market data
🔍
Analyst Tools
4-step workflow
📋
Macro Cheat Sheet
Costs 3 pts/round
🧮
Calculator
Crunch numbers
🎵
Tunes.exe
CBO study playlist
🏛️📋
Stabilize This!
AP Macro · Automatic Stabilizers
You're the new intern at the Congressional Budget Office. Your supervisors need you to read each economic report and figure out which way the automatic stabilizers are moving — before Congress decides whether to act. 🏛️

🧭 How to play

  1. Read the briefing memo from your supervisor
  2. Check the Economic Dashboard for GDP & labor data
  3. Calculate the GDP deflator
  4. Calculate cyclical unemployment
  5. Decide if UI spending and tax revenue are automatically rising or falling
Internship Performance Review
Final Score