[Online Document Assignment:]
EIA Activity: Is Europe Turing Japanese?
Click on the links on the right to answer the following questions.
Use Link 1 to answer the following questions. True or False: In June 2009, the inflation rate in Portugal was -1.60%.
| A. |
| B. |
True or False: Before January 2012, Portugal had experienced inflation rates over 4%.
| A. |
| B. |
True or False: Since January 2014, Portugal has experienced inflation.
| A. |
| B. |
Use Link 2 to answer the following questions. True or False: In November 2013, Greece’s inflation rate was -2.90%.
| A. |
| B. |
True or False: Since January 2014, Greece has experienced deflation.
| A. |
| B. |
Discuss the pros and cons of using quantitative easing (QE) during a recession.
How does quantitative easing ward off deflation? Discuss.
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