Macroeconomics
Macroeconomics
5th Edition
ISBN: 9781319098759
Author: Paul Krugman, Robin Wells
Publisher: Worth Publishers
Question
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Chapter 6, Problem 7P
To determine

  1. Industrial Production decline of Germany from 2007 to 2009 and 2007 and 2014
  2. Decline in industrial production for given countries and rank them from largest to smallest interms of decline in production.
  3. Industrial decline from 2007 and 2009 for the given countries.
  4. Country which experienced the largest and smallest decline.
  5. Time duration for U.S. and Germany to recover from finanial crises.

Concept Introduction:

Industrial Production - It is the numerical value of goods which are produced in an economy by industries in a year. The production includes mining, manufacturing and utilities.

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