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Debt-GDP ratios and economic crises: The debt-GDP ratio in Belgium exceeded 120% in the early 1990s and has fallen to just over 80% more recently. Italy had a debt-GDP ratio of about 100% even before the euro crisis. The rapid rise in Japan’s debt-GDP ratio was shown in Figure 18.4. Yet none of these economies experienced defaults or high inflation. In contrast, the debt-GDP ratio in Argentina peaked at 65% (up from 35% in 1996) and then a crisis struck, leading to default and other macroeconomic problems. How, broadly speaking, do we understand these very different outcomes?
Bee keepers in your state have been complaining that the cherry orchard owners are killing bees when they spray cherry trees for pests. you estimate that the private marginal benefit your residents enjoy from cherry consumption is PMB=306-4Q and the ..
Hulk goes to the gym 20 times a month. His income is $1000 per month and his visits to the gym cost $4 per visit. For simplicity, assume all other goods that Hulk consumes besides the gym costs $10 each. Assume Hulk exhibits diminishing marginal rate..
If you were starting a soap business (laundry soap), what strategy would you use to compete with Procter & Gamble and Clorox ? How would you reach your target market? How and where would you advertise? We talk about the power of word of mouth-how do ..
In Week 3, you were exposed to early criminological theory and biological and psychological theory. The scenario included a male who has had a difficult time over the past year. It is time to consider potential origins of the male’s criminal behavior..
The interest earned is deposited back into the savings account at the end of each month. How much is this account worth after 38 years?
q1. the banking market in athens ohio currently has four banks with market shares of 60 percent 20 percent 15 percent
Entering international markets has become a priority for many companies even in the US, which has a large domestic market? Is having a strategic alliance with foreign companies a better alternative to simply appointing distributors and dealers abroad..
Suppose that a firm has "pricing power" and can segregate its market into two distinct groups based on differences in elasticities of demand.
Evaluate the third-party payment system and its effect on the consumption and provision of health care services. Determine the most problematic area and make the relative improvements.
Illustrate what is the firm's current profit. Illustrate what is likely to occur in this market.
Explain the short-run effects of eliminating rent control on apartments. In a competitive industry, with competitive supplies of labor and capital goods which have only normal gains, which factor obtains the "producer surplus"? What is the economic e..
how would these cities change their size? Assuming that the total population of 13 million cannot be changed, would there be a smaller and a larger city?
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