Sovereign debt crises are triggered ________. A) by innovations in su
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
ANSWER
B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.