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A Major Cause of the 2009 Eurozone Crisis Was

Question 60

Multiple Choice

A major cause of the 2009 Eurozone Crisis was


A) Germany's declining exports.
B) Greece's large-scale public-sector borrowing and debt.
C) a sharp rise in oil prices beginning in 2008.
D) low levels of bank lending over the previous decade.
E) low wages in Portugal, Italy, and Spain.

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