Which of the Following Reasons Promoted Lending to the Poorer

question 30

Multiple Choice

Which of the following reasons promoted lending to the poorer member countries in the European Union during 2001-2007?

• A)The long-term interest rates in the poorer countries were as low as the interest rates in the richer member countries.
• B)The investment in human capital in the poorer countries was higher than the investment in the richer countries.
• C)The debt to GDP ratio was much lower in the poorer countries than in the richer countries.
• D)The poorer countries experienced lower rates of inflation than the richer countries.

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Definitions:

Epicardium

The outermost layer of the heart's wall, part of the heart's protective covering and involved in the production of pericardial fluid.

Endocarditis

Inflammation of the inner layer of the heart, often affecting the heart valves.

Heart Wall

The heart wall is the muscular structure that composes the heart, consisting of three layers: the epicardium, the myocardium, and the endocardium.

Mediastinum

An anatomical region in the thorax that separates the lungs and contains the heart, esophagus, trachea, and other structures.