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Author Question: Cutting government expenditures in order to balance the budget is known as ________. a. austerity ... (Read 39 times)

mia

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  • Posts: 564
on: Sep 4, 2018
Cutting government expenditures in order to balance the budget is known as ________.
 
  a. austerity
  b. bailout
  c. devalue
  d. default
  e. tariff

Question 2

Which was the first EU country to require loan packages from its fellow EU member states following the 2008 global economic crisis, triggering a sovereign debt crisis?
 
  a. Germany
  b. Italy
  c. Ireland
  d. Greece
  e. France


l.stuut

  • Sr. Member
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  • Posts: 345
Reply #1 on: Sep 4, 2018
Answer to Question 1

A

Answer to Question 2

D


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