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Which of the Following Was Not True of the Eurozone

Question 14

Multiple Choice

Which of the following was not true of the eurozone during the Greek crisis?


A) Fear of a financial crisis throughout Europe discouraged investors and firms from moving funds into Europe.
B) By using a more stimulative monetary policy than it desired, the European Central Bank aroused concerns about potential inflation in the eurozone.
C) There was concern that the austerity conditions could weaken the country's economy further.
D) Greece, Spain, and Portugal focused their efforts on reducing tax rates in order to stimulate their economies.

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