Question

How did investors react when the Greek government revealed falsified national budget data in 2009?

a.

Increased investment in Greek bonds

b.

Aggressive selling of Greek bonds

c.

Positive credit rating evaluations

d.

Decreased concern about sovereign default

Answer: (b).Aggressive selling of Greek bonds Explanation:Investors reacted by aggressively selling Greek bonds when the Greek government revealed falsified national budget data in 2009.

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Q. How did investors react when the Greek government revealed falsified national budget data in 2009?

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