Question
3. Explain how countries like Greece have largely misused the Keynesian model to buy votes and how this has created sovereign debt problems. In this
3. Explain how countries like Greece have largely misused the Keynesian model to "buy" votes and how this has created "sovereign debt" problems. In this regard, why can countries like Greece, or US states like California and cities like Detroit, become bankrupt, but countries like the US and Canada can never be bankrupt from too much debt?
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A Textbook Of Mathematical Economics
Authors: Dr Chandrakant Singh
1st Edition
9353140986, 9789353140984
