According to this Application, the main concern of Greek residents was that
A) the Prime Minister of Greece would be impeached.
B) hyperinflation could occur in the economy.
C) the country wold switch to a gold standard.
D) banks would convert their accounts to drachmas and they would suffer financial losses.
D
You might also like to view...
Income per person in the United States is approximately ____ that of Sierra Leone, Malawi, and Niger, three of the world's poorest countries
a. the same as b. double c. ten times d. fifty times
Which of the following is most likely to reduce the nominal market wage in a job category?
a. The job requires employees to work the night shift from 11 p.m. to 7 a.m. b. The job is prestigious, and the work is quite interesting. c. The job is widely viewed as dangerous. d. The job requires employees to move from city to city quite often.
Objects that have value in themselves and that are also used as money:
a. currency b. commodity money c. representative money d. fiat money
When economists express the deficit, they generally do it as:
A. the total amount the government overspent. B. a percentage of the amount of taxes they collect. C. a percentage of total GDP. D. a partitioned amount based on where the government spent the money.