The proximate cause of the Greek problem was a. Vast overspending during the previous decade. b. Lax
Question:
The proximate cause of the Greek problem was
a. Vast overspending during the previous decade.
b. Lax tax collections during the previous decade.
c. A burst housing bubble.
d. Both a) and b).
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d Both a and b Explanation Greeces debt was always high and its deficits were ...View the full answer
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