During the period from 2001 to 2007, investors were indifferent between lending to a rich or a poor euro-member nation because
A) the short-term interest rate on government Treasury bonds was at all-time high across all European nations.
B) the poorer member nations projected a growth rate that matched the growth rates of the rich member nations
C) all European nations were experiencing booms and busts in tandem.
D) interest rates on 10-year government debt were largely identical across Europe's largest governments during the period.
Correct Answer:
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