monetary pubes

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Exercise 1 Spend approximate, 15 minutes on i.e… Look at the data in Tables 1 and 2 above, and then answer these questions: 1 Which countries had the highest central government debt as a Percentage of GDP in 2010? How had this changed over the ten-year period shown in Table 1? 2 ‘rri’vedniurouvet:ettsie7e7i.”:= le””l increase tax
3 Whidl counties do you lhilk might DB least Neely to Wrsue an expansive :=Zo,701.s.?
Comment 1 wi”a2siptiti’a; tiorGir’hetsit(Z77%!:vp’38″IntordnebanaasiraeaZrctiai:itiaZI:.f9Z” in 2000), folbwed by Italy (109.0%, aP by 5% since 2000). You may also have noticed that in every country, with the exception of Belgiuro and Nord, countries of Sweden. Finland and Denmark, central government debt rose between 2000 and 2010. However,iin zyenof2:e0s:Lou2notze.s, i:’elegn’amgea =E:ne2’01”)7ealn’lde9201el).GDP 2 All e’auseatdpe”riceenTatablgee nePPlillrtehlele:erie:dwfreoernee1c97:sten Some of Hi:greatest increases were seen in Greece (a 61% increase from 20.0 in 1971 to 32.2 in 2011) and Italy (63% increase from 26.3 in 1971 to 43.0 in 2011), whereas the tax income as a percentage of GDP hardly increased over the same 40-year period in the Unit. Kingdom or the s where tax revenue has risen sharply over aH4es”yeve:r. peevene.”th:edlird’enot continue to do so in the past decade shown in’Table 2. In fact, tax revenue as a percentage of GDP fag in Greece between 2001 and 2011 and only rose very moderately in Italy. 3 Given the data in Tables 1 and 2 Y. might t that a Gon7:Grrldb:leeeleel’77eeetv=:e90re, to pursue expasivefsCapok7ythasey high debt and its tax