[Online Document Assignment:]
EIA Activity: Are We Greece?
Click on the links on the right to answer the following questions.
Use Link 1 to answer the following question. True or False: Greece adopted the Euro in 2005.
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| B. |
Use Link 2 to answer the following questions. True or False: Greece’s unemployment rate was lower in October 2014 than it was in September 2014.
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| B. |
True or False: In July 2013, Greece’s unemployment rate reached an all-time high.
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| B. |
Use Link 3 to answer the following question. True or False: Greece has been receiving financial support since May 2009 from euro area member states and the International Monetary Fund.
| A. |
| B. |
Use Link 4 to answer the following question. True or False: In December 2014, Greece had the highest long-term interest rate among euro area countries.
| A. |
| B. |
Discuss the pros and cons of using anti-austerity measures in Greece.
Which should Greece focus more attention on: reducing government debtor reducing the unemployment rate? Discuss.
Discuss possible ways Greece can reduce its high unemployment rate.
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