Cameron Talks Debt and Deficit Ahead of Election

Cameron Talks Debt and Deficit Ahead of Election

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Business, Social Studies

University

Hard

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The euro has weakened against the dollar, reaching its lowest level since 2006, due to speculation about the ECB's potential sovereign QE. The dollar has strengthened, reaching a nine-year high. Greece faces political uncertainty with an upcoming election, and the possibility of exiting the eurozone is considered manageable by Germany. In the UK, political parties are preparing for elections, with Prime Minister David Cameron emphasizing fiscal responsibility and a potential EU membership referendum.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for the euro's decline against the dollar?

Speculation about ECB's sovereign QE

Increase in oil prices

Decrease in US interest rates

Political stability in Greece

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a factor contributing to the euro's weakness?

Political uncertainty in Greece

Strong economic growth in Greece

Decrease in US dollar value

Increase in European exports

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the stance of Germany regarding a potential Greek exit from the euro area?

It would be catastrophic

It is manageable

It is unlikely

It would strengthen the euro

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Prime Minister David Cameron emphasize about his party's economic plans?

Reduction in taxes

Trust in managing the deficit

Expansion of welfare programs

Increase in public spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What commitment did David Cameron restate regarding the EU?

Strengthening EU ties

Increase in EU funding

Referendum on EU membership

Exiting the EU immediately