Question: wanted the answer for this question from the book C&S(Carlin and Soskice) Chapter 10-THE OPEN ECONOMY: THE DEMAND AND SUPPLY SIDES, from problems and questions

wanted the answer for this question from the book C&S(Carlin and Soskice) Chapter 10-THE OPEN ECONOMY: THE DEMAND AND SUPPLY SIDES, from problems and questions for discussion 10.2 (back questions)

wanted the answer for this question from the book C&S(Carlin and Soskice)

3. [Total points: 20] Pick a large Eurozone economy (e. g. France, Spain, Germany or Italy). Perform a short case study on the performance of your chosen economy between the 1991 and 2009 by following these steps: (a) Use Eurostat to collect data on key macroeconomic indicators over the period. (3 points) (b) Use OECD.Stat to collect supply-side data over the period [Hintz similar to that shown for the UK in Table 10.2 in C & S textbook]. (3 points) (c) What were the major macroeconomic developments in your chosen country over the period? (4 points) (d) Can the evolution of your chosen economy over this period be explained using the ADBT -ERU framework [Hint: Similar to that shown for the UK in Fig. 10.14 in C & S textbook]? Explain with AD-BT-ERU diagram (make sure to mention axes and direction of the shift of the graphs). Concisely summarize any problems you had in doing this. (6 + 4 = 10 points)

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