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Suppose Greece Was Not Part of the Eurozone, and It

Question 144

Multiple Choice

Suppose Greece was not part of the Eurozone, and it was facing a possible financial crisis. Which of the following would not have been used to fix the crisis?


A) Using monetary policy to grow the economy
B) Allowing its currency to weaken in order to remain competitive
C) Allowing its currency to appreciate in order to remain competitive
D) Eliminating the fixed exchange rate

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