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DetroitRed DetroitRed
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6 years ago
Germany fared better than most European Union member states after the recession of 2007 and 2008 because:
a.   via market-friendly policies, the national government set the nation on the course to becoming an economic market democracy.
b.   the nation was well-positioned to engage in expansionary stimulus policies, given earlier welfare state cuts and wage restraint.
c.   the erosion of the social market economy was already on its way to revival.
d.   the government spent the little extra money it had on job retraining and subsidies.
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TafferTaffer
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6 years ago
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DetroitRed Author
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#2
6 years ago
I really needed this, thanks
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