{{ block title }}
    Choice on Economy (round {{player.round_number}})
{{ endblock }}
{{ block content }}
You are given an opportunity to run a project that provides a guaranteed profit. 
The cost of project is {{Constants.project_cost}} tokens and you need to take a loan to invest in this project. <br>
You can run your project in one of two following economies:
<br><br>

Legitimate Economy: <br>
In this economy you can take loan for starting your project with interest rate equal {{Constants.interest_rate_bank_1}}%. 
The guaranteed profit of the project in this economy will be {{Constants.profit_1}} tokens. Since you need to borrow 
{{Constants.project_cost}} tokens to run this project, your profit after paying interest will be {{Constants.interest_rate_bank_1}} tokens.<br>
This profit after interest is taxable at rate of {{Constants.tax_rate}}% so your net profit if you pay the tax will be {{Constants.RF_Payoff1}} tokens.<br>
You can evade the tax and keep all the profit after interest but you should bear in mind this economy has a random tax audit mechanism
that controls the tax evasion and if it detects your tax evasion you will be fined. 
The probability of being detected by the tax audit mechanism is {{Constants.control_prob_bank_1}}% and 
the fine is {{Constants.fine1}} tokens. <br>

Therefore, if you pay the tax, your net profit will be certainly {{Constants.RF_Payoff1}}. <br>
If you do not pay the tax, your net profit will be {{Constants.RD_Payoff1}} tokens in case of being detected 
and {{Constants.RND_Payoff1}} tokens in case of not being detected.  
<br><br>

Shadow Economy:  <br>
In this economy you can take loan for starting your project with interest rate equal {{interest_rate_bank_2}}%. 
The guaranteed profit of the project in this economy will be {{profit_2}} tokens. Since you need to borrow 
{{Constants.project_cost}} tokens to run this project, your profit after paying interest will be {{interest_rate_bank_2}} tokens.<br>

This Economy has no taxation but it is not legitimate. There is a random audit mechanism and if it detects 
that you selected this economy, you will be fined. The probability of being detected by the tax audit mechanism 
is {{control_prob_bank_2}}% and the fine is {{fine2}} tokens.

This economy also have a feature (e.g. money laundry) for hiding your activity in the shadow economy from 
the audit mechanism that costs {{hiding_cost}} tokens.
If you pay for this feature you will be
sure that you will not be detected and not be fined. <br>
Therefore, if you pay for the hiding feature your net profit will be certainly {{Constants.RF_Payoff2}}. <br>
If you do not pay for hiding feature, your net profit will be {{RD_Payoff2}} tokens in case of being 
detected and {{RND_Payoff2}} tokens in case of not being detected.

<br> <br>
Now please choose in which economy you want to run your project. In the next step, you will be asked if you want to pay the tax or hide your activity.
<br>
   
 {{ formfields }}
  
  {{ next_button }}
{{ endblock }}