Which of the Following Is a Reason Greece Has Had

question 36

Multiple Choice

Which of the following is a reason Greece has had a slow recovery from the financial crisis of 2007-2009?

• A)Currency union meant Greece was unable to exploit a falling exchange rate to boost exports.
• B)Austerity programs required Greece to maintain an artificially high exchange rate.
• C)Greece's recovery plan was based on poorly targeted increases in government spending.
• D)The expansionary fiscal policy of tax cuts was ineffective.
• E)Greece used contractionary fiscal policy to guarantee stable incomes for retired people.

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Definitions:

Belt Of Stability

A concept in nuclear physics that describes the combination of neutron and proton numbers in atomic nuclei which makes them more stable.

Stable Isotopes

Variants of elements that have a stable nucleus and do not undergo radioactive decay over time.

Unstable Isotopes

Atoms with a nucleus that has an excess of energy or mass, making them decay into more stable forms over time.

Stable Isotopes

Variants of elements that have the same number of protons but different numbers of neutrons, and do not undergo radioactive decay.