How large are the public debt burdens of key euro- area economies? Are they rising or falling? Plot the debt-to-GDP ratios of Germany (GGGDTADEA188N), Italy (GGGDTAITA188N). Are these ratios consistent with the Maastricht Treaty's public debt to GDP guideline of 60 percent?

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter12: Federal Budgets And Public Policy
Section: Chapter Questions
Problem 4.10P
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M4
How large are the public debt burdens of key euro-
area economies? Are they rising or falling? Plot the
debt-to-GDP ratios of Germany
(GGGDTADEA188N), Italy (GGGDTAITA188N). Are
these ratios consistent with the Maastricht Treaty's
public debt to GDP guideline of 60 percent?
Transcribed Image Text:How large are the public debt burdens of key euro- area economies? Are they rising or falling? Plot the debt-to-GDP ratios of Germany (GGGDTADEA188N), Italy (GGGDTAITA188N). Are these ratios consistent with the Maastricht Treaty's public debt to GDP guideline of 60 percent?
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