In 2005, not all Eurozone countries were able to meet the Maastricht criteria, which includes the requirement of having a government deficit of less than 3% of GDP. A significant portion, but not all, failed to meet this criterion, making option C the correct choice.

Solved

In 2005

Question 131

Multiple Choice

In 2005:

A) no Eurozone countries satisfied the criterion of having a government deficit of less than 3% of GDP.
B) all Eurozone countries satisfied the criterion of having a government deficit of less than 3% of GDP.
C) 25% of Eurozone countries did not satisfy the criterion of having a government deficit of less than 3% of GDP.
D) only one Eurozone country satisfied the criterion of having a government deficit of less than 3% of GDP.

Correct Answer: