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Smart Reasoning:

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Qaagi - Book of Why

Causes

Effects

Professional ’s fundamental macroeconomic challenges ... low commodity pricescauseda huge fiscal deficit in public finance

I started questioning this systemwas creatingdeficits in the public budget

overfunded ” services and “ overpaid ” employees ( rather than costly capitalist bailoutshad ... causedpublic budget deficits

the military , as well as all government jobscreatebudget deficit spending

that the Central Bank buys public debtthus contributingto finance the public budget deficit

the chancesto triggera deficit in public finances

This central element of the Actpreventedmonetary financing of the budget deficit

at 2.9 % of GDP(passive) is setThe public finance deficit

Cape school officialsdiscoverbudget deficit ( 06/24/03

Domestic debt(passive) can be caused byDomestic debt

the financial problemscausedthe financial problems

significantly to the external disequilibria in all four casescontributedsignificantly to the external disequilibria in all four cases

Foregn debt(passive) can be caused byForegn debt

in two severe economic crises in 1994 and 2001 ... respectivelyresultedin two severe economic crises in 1994 and 2001 ... respectively

to a reduction in government expenditures , delayed or total unavailability of salaries for government employees since September 2016 , collapse of the social protection system , liquidity crunch of the local currency , depreciation of the Yemeni Riyal against the US Dollar and depletion of central bank reserveshas ledto a reduction in government expenditures , delayed or total unavailability of salaries for government employees since September 2016 , collapse of the social protection system , liquidity crunch of the local currency , depreciation of the Yemeni Riyal against the US Dollar and depletion of central bank reserves

out in the Pact of Growth and Stabilitysetout in the Pact of Growth and Stability

to sharp increases in money supply by about 24 - 26 % in 2017/8has ledto sharp increases in money supply by about 24 - 26 % in 2017/8

to higher inflation rates than the interest ratesleadsto higher inflation rates than the interest rates

to sharp increases in money supply by the most problematic factors for doing businessledto sharp increases in money supply by the most problematic factors for doing business

from the lower oil priceresultedfrom the lower oil price

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Smart Reasoning:

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