In Which Year Did Long-Term Interest Rates in Greece Rise

question 23

Multiple Choice

In which year did long-term interest rates in Greece rise to an all-time high of close to 30%?

• A)2003
• B)2005
• C)2009
• D)2011

---

Definitions:

Initial Public Offering

The process by which a private company becomes publicly traded by offering its shares to the public for the first time.

Venture Capitalism

A financing method where investors provide funds to startups and small businesses with high growth potential in exchange for equity, or partial ownership of the company.

Stock Exchange

A marketplace where securities, such as stocks and bonds, are bought and sold.

Limited Liability Corporation

A commercial setup that blends the taxation approach of a partnership or sole proprietorship, where taxes pass directly to the owners, with the limited liability protection typical of a corporation.