Solved

When Private Lenders Refused to Lend to the Greek Government

Question 95

Multiple Choice

When private lenders refused to lend to the Greek government in 2009, other European countries:


A) also refused to lend money to Greece.
B) forced Greece to abandon the euro and return to the drachma.
C) provided emergency loans to Greece but demanded harsh budget cuts in return.
D) forced Greece to leave the European Union.

Correct Answer:

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