5. Plot the FRED data on gross federal debt as a percent of GDP for Argentina since...

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5. Plot the FRED data on gross federal debt as a percent of GDP for Argentina since 1992. In which periods did Argentina experience prolonged low rate of debt relative to GDP? In which periods did the ratio of debt to GDP rise rapidly? Explain the main causes of the increases in the ratio of debt to GDP, particularly with respect to the financial crisis in Argentina.

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Macroeconomics Global Edition

ISBN: 978-1292318615

10th Edition

Authors: Andrew Abel ,Ben Bernanke ,Dean Croushore

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