What were the side effects of the German government's fiscal expansion which was designed to help the economy of the five new states (former East Germany) after the German re-unification?
A) Germany's trade surplus increased
B) the German mark depreciated relative to the currencies of non-European trade partners
C) there was a massive inflow of foreign funds
D) other European countries were forced to raise their interest rates
E) both C and D
Correct Answer:
Verified
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