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When Private Lenders Learned the Size of Greece's Budget Deficits

Question 81

Multiple Choice

When private lenders learned the size of Greece's budget deficits and debt in 2009, they:


A) promptly made loans to the Greek government to prevent a financial crisis.
B) refused to make further loans to Greece.
C) seized assets that belonged to the Greek government.
D) nationalized banks and the manufacturing industry in Greece.

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