Here are given historical data of some crisis-stricken Eurozone countries before and at the 2008 global financial crisis. What is the relationship among 2000-2008 annual increase in bank assets (% of GDP), bank assets 2008 and % debt-GDP ratio across countries?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter27: Money And Banking
Section: Chapter Questions
Problem 14RQ: What are a banks assets? What are its liabilities?
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Here are given historical data of some crisis-stricken Eurozone countries before and at the 2008 global financial crisis. What is the relationship among 2000-2008 annual increase in bank assets (% of GDP), bank assets 2008 and % debt-GDP ratio across countries?

Bank Assets (% of GDP)
2000-2008
Annual Bank Assets 2008
%
Debt-GDP
Ratio
Increase
2008
Greece
36 %
173 %
109
85 %
102
Italy
Belgium
Portugal
235 %
83 %
392 %
92
44 %
262 %
72
Ireland
464 %
783 %
43
Spain
121 %
296 %
39
Transcribed Image Text:Bank Assets (% of GDP) 2000-2008 Annual Bank Assets 2008 % Debt-GDP Ratio Increase 2008 Greece 36 % 173 % 109 85 % 102 Italy Belgium Portugal 235 % 83 % 392 % 92 44 % 262 % 72 Ireland 464 % 783 % 43 Spain 121 % 296 % 39
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