During the 2010s, what was partly the cause of dangerously high levels

QUESTION

During the 2010s, what was partly the cause of dangerously high levels of government debt among some eurozone countries?

A) central planning errors
B) the welfare state
C) “brain drain”
D) high taxes
E) income inequality

 

ANSWER

Answer: B
Explanation: B) Provision of high levels of social services in some eurozone socialist economies has led to government spending that far exceeds revenue.

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