What Is the Primary Reason That the Intensifying Economic Crisis

question 63

Multiple Choice

What is the primary reason that the intensifying economic crisis in Europe threatens to impact the decisions of global managers in the United States and throughout the world?

• A) The massive debt in Greece has caused Europe to slide into a new recession.
• B) New measures by the European Commission to oversee banks and to monitor national budgets have been met with resistance by euro zone members.
• C) The euro zone is a larger economic unit than the United States or China and is a major source of world demand for goods and services.
• D) The inability to trim benefits and free up labor markets prevents the region from spurring any significant growth over the next decade.

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Definitions:

Objective Choices

Decisions made from a neutral standpoint, without personal bias or subjective influence.

Reframed

The process of changing the perspective on a situation to view it in a different, often more positive, light.

Unifying Themes

Broad, overarching concepts or ideas that integrate and bring together various elements or aspects of a study, theory, or narrative.

Linguistic Relativity

The hypothesis that the structure of a language affects its speakers' world view or cognition.