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The Economic Crisis in Europe Is Complicated by the Fact

Question 38

Multiple Choice

The economic crisis in Europe is complicated by the fact that


A) seventeen nations share a common currency.
B) Greece and Portugal had borrowed excessively.
C) in Ireland and Spain, many real estate loans went sour, threatening the banks that made them.
D) the Euro-periphery countries could not borrow from the European central bank to shore up money supplies.
E) All of the above are true.

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