The Eurozone was set up in a way that emphasized austerity instead of monetary expansion as a cure for debt because _____ feared inflation.
A) Germany
B) France
C) Belgium
D) Spain

Question

Quizplus · Accepted Answer

Germany feared inflation and had a strong influence in shaping the Eurozone's economic policies. They were wary of monetary expansion and instead advocated for austerity measures as a way to address debt and prevent inflation.

The Eurozone Was Set Up in a Way That Emphasized