1.1. Go to the European Commissions AMECO database (http://ec.europa.eu/economy_finance/db_indicators/ameco/index_en.htm and look for recent data on government debt...

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1.1. Go to the European Commission’s AMECO database

(http://ec.europa.eu/economy_finance/db_indicators/ameco/index_en.htm and look for recent data on government debt as a percentage of GDP and recent figures on budget deficits for the euro area and your home country. What does this tell you about recent trends? Compare the period 2000–2007 to more recent years. Do the figures indicate that we may be returning to a more “normal” situation regarding debt and deficits?

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Macroeconomics In Context: A European Perspective

ISBN: 125382

1st Edition

Authors: Sebastian Dullien, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras

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