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Why Did the European Central Bank Take Extraordinary Actions to Prevent

Question 264

Multiple Choice

Why did the European Central Bank take extraordinary actions to prevent member countries from defaulting on their debt?


A) to avoid imposing losses on depositors of major banks in the Eurozone
B) to avoid large deposit outflows from Eurozone banks
C) to prevent a resurgence of deflation in the Eurozone
D) to prevent a loss of confidence in the euro

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