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Indicators needed for monitoring the Euro. 1.GDP 2.Inflation Rates 3. Interest Rates 4. Debt Levels 5. Unemployment Rates 6. Degrees of International Trade. GDP. GDP measurements serve as accurate measurements of Debt in Relation to Tax Revenues.
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Indicators needed for monitoring the Euro 1.GDP 2.Inflation Rates 3. Interest Rates 4. Debt Levels 5. Unemployment Rates 6. Degrees of International Trade
GDP • GDP measurements serve as accurate measurements of Debt in Relation to Tax Revenues. • According to the European Commission, “the gains from carrying out transactions in a single currency could be as high as 0.5 percent of European Union gross domestic product (GDP) per year” • Eurozone countries have actually seen an increase in GDP in previous years, despite the Global economic recession.
Works Cited • YanneGoossens, “Alternative progress indicators to Gross Domestic Product (GDP) as a means towards sustainable development.” October 2007. Web. Obtained on 4/30/11 from: http://www.beyond-gdp.eu/download/bgdp-bp-goossens.pdf