Which of the Following Is FALSE About the Recent Greek

question 119

Multiple Choice

Which of the following is FALSE about the recent Greek debt crisis?

• A) Protests involving austerity measures led to violent encounters between citizens and the national police.
• B) The Greek national debt climbed to nearly 150 percent of the gross domestic product (GDP)in 2010.
• C) In response to austerity measures,the far-left political party (Syriza)captured the largest number of seats in the elected parliament.
• D) In the summer of 2015,the Greek government was able to avoid defaulting on its debt.
• E) Economists generally agree that austerity has brought an end to Greece's economic problems.

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Definitions:

Poverty

A state where an individual or community lacks the financial resources and essentials for a minimum standard of living.

Poverty Rate

The percentage of the population that lives below the national poverty line, indicating the proportion of individuals or households with income less than a specified threshold.

Public Assistance

Financial or material support provided by governmental entities to individuals or families in need.

Welfare Dependency

A situation where individuals or families rely heavily on government assistance for long periods, rather than self-sufficiency.