What is one of the main reasons for the economic struggles faced by families in Cyprus?
VOICED : Cypriots struggle under weak

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Business
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10th Grade - University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
High property prices
Vacant properties and reduced income
Increased tourism
Government subsidies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge faced by businesses in Cyprus according to the second section?
Inability to obtain funding from banks
High import taxes
Lack of skilled labor
Excessive government regulations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What economic indicator rose to 14.7% at the beginning of 2013?
Interest rate
GDP growth rate
Unemployment rate
Inflation rate
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Despite the economic crisis, what has happened to some businesses in the Old City?
They have closed down
They have seen a decrease in sales
They have seen an increase in sales
They have relocated
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What action has the Cypriot government taken to address the economic recession?
Implemented austerity measures
Reduced public sector wages
Requested a €17.5 billion bailout
Increased taxes on luxury goods
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