Which of the following did not occur during the 2001 Argentinian debt crisis?
A) After several weeks of massive withdrawals of pesos from banks in order to exchange them for dollars, the Argentine government froze all bank accounts.
B) The government resigned.
C) The holders of most of the government debt did not agree to accept the government's offer of about 30 cents on the dollar and lengthened terms of repayment.
D) The Argentinean government printed money so banks could continue to make loans.
Correct Answer:
Verified
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