What might happen to the economy of the country


Problem

Over the past few years, several countries have been in danger of defaulting on their national debt.

a. Pick a country and discuss what might happen to the economy of that country if they actually default on their debt.

b. Discuss two solutions to solving the default problems along with the impact the solution might have on at least 5 key economic variables.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What might happen to the economy of the country
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