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Modern Database Management, 11th Edition

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Home Work 3Case 3-2 page 100

3-13 A) The Europian commisions bailed out banks in Greece and Ireland in order to avoid depression a shrinking economy.B) They did not let the diffulct becaude it would cause political unrest and generally bailouts givines the country the opportunity to revive its country3-14A) I believe socrates and zapatero were more like Keynesians. Keynesian belief is that goverments effort would restore more stability while Hayek believed the lather. Since both presidents wanted to generate economic growth via govement they would be more like Keynesian strategies.3-15a)Citizens in France great britain and elsewhere stage protestes when the goverment imposes austerity measures because the heavily rely on the govemnet for social activities pensions etc and these measures cuts back on the govemental benefits that are put in place for them