Sovereign debt crises are triggered ________
A) by innovations in subprime real estate markets
B) when a country's debt-to-GDP ratio becomes excessively high
C) when austerity measures cause a sharp fall in the supply of government bonds
D) by the adoption of a common currency, such as the euro
B
Economics
You might also like to view...
The Bureau of Labor Statistics defines marginally attached workers as persons who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for work sometime in the recent past
a. True b. False Indicate whether the statement is true or false
Economics
Positive statements are not
a. descriptive. b. prescriptive. c. claims about how the world is. d. made by economists speaking as scientists.
Economics