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Scenarios GL06LP3
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The following scenarios are available by default for the GL06LP3 model.

Baseline
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The baseline scenario has the following exogenous values:

- Initial government demand :math:`G = 20` (becomes endogenous via fiscal rule)
- Interest rate on bills :math:`r_b = 0.03`
- Initial bond price :math:`p_{bl}^{\text{init}} = 20` (endogenous)

Government spending is **endogenous** in LP3, governed by a fiscal
austerity rule. When the deficit-to-GDP ratio exceeds a threshold,
the government cuts spending.

Scenario 1: Drop in alpha1
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The propensity to consume out of income drops by 0.1, triggering a
recession and fiscal austerity response.

Scenario 2: Rise in Bill Rate
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The interest rate on bills increases from 0.03 to 0.04, with both
bond prices and government spending adjusting endogenously.