Name the largest budget deficit country, Macroeconomics

Assignment Help:

Name the largest budget deficit country

In 2009 Greece was eurozone country with largest budget deficit (about 16.0% of GDP), while Finland was the country with the smallest budget deficit (about 2.5% of GDP). The difference as a percentage of GDP was 13.5%.

A significant aspect of the data is that no eurozone country managed to run a budget surplus in 2009 (all were in deficit), while in 2007 (last year of the long boom which had begun in 1990s), four countries enjoyed surpluses. These were Germany, Ireland, Spain and Finland, with Finland's surplus being the largest at around 5.5% of GDP.

 


Related Discussions:- Name the largest budget deficit country

Compare and contrast federal government expenditures, Compare and contrast ...

Compare and contrast federal government expenditures, state and local government expenditures, and financing government expenditures. Suggest a total of three actions that should b

Project topics, i want a project topics in macroeconomics

i want a project topics in macroeconomics

What is the development process, What is the development process? Deve...

What is the development process? Development is measured through outcomes that are development occurs while key indicators of human well-being enhance. A reduction of poverty

Components of balance of payments, Components of Balance of Payments   T...

Components of Balance of Payments   The BoP statement is usually divided into three major groups of accounts. These are: i.The Current Account: This account records the imp

Relation between poverty and growth, what is the relationship betwen growth...

what is the relationship betwen growth and poverty? either it is positive or negative?

Average price of a textbook, The demand for textbooks is Q=200-P+25U-50Pbee...

The demand for textbooks is Q=200-P+25U-50Pbeer. Assume that the unemployment rate U is 8 and the price of beer P beer is $2. When the average price of a textbook is P=$100, the el

Critique the effectiveness of the model, Discuss how decisions are made in ...

Discuss how decisions are made in your workgroup. Which model is used for what situation? Be sure to provide specific examples of at least three situations and what model was used

frame work, Hello sir, madam... I am hassan PHD student. I''m lost to get...

Hello sir, madam... I am hassan PHD student. I''m lost to get a good frame work of my thesis about e government and economic growth. and I need to know how to measure the variable

Tax-adjusted multiplier and the balanced budget multiplier, The tax-adjuste...

The tax-adjusted Multiplier and the balanced budget Multiplier are explained below: Taxes act as drag on the multiplier effect of government expenditure, because they represent

Difference between opportunity and accounting cost, Provide an explanation ...

Provide an explanation of difference between opportunity and accounting cost, and accounting and economic profits. Then, please provide an example from your experience where opport

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd