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    Economics Principles and Policy Study Set 2
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    Exam 32: Budget Deficits in the Short and Long Run
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    Argentina in 2001 Faced a Debt Problem More Serious Than
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Argentina in 2001 Faced a Debt Problem More Serious Than

Question 150

Question 150

Multiple Choice

Argentina in 2001 faced a debt problem more serious than the U.S.debt problem because Argentina was obligated to repay its debt in


A) U.S.dollars.
B) their own currencies.
C) a relatively short period of time.
D) large installments.

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