Look at this image.

In what way could this represent the economy?

Economic situation (how is the economy doing – well/badly? How will the policy objectives be doing?)
Policy response – what should the government be focused on (i) in terms of the beer and glass (ii) in terms of the real economy?
Economic situation (how is the economy doing – well/badly? How will the policy objectives be doing?)
Policy response – what should the government be focused on (i) in terms of the beer and glass (ii) in terms of the real economy?
Economic situation (how is the economy doing – well/badly? How will the policy objectives be doing?)
Policy response – what should the government be focused on (i) in terms of the beer and glass (ii) in terms of the real economy?
Economic situation (how is the economy doing – well/badly? How will the policy objectives be doing?)
Policy response – what should the government be focused on (i) in terms of the beer and glass (ii) in terms of the real economy?