Which of the following, according to the Maastricht treaty, was a ...

[james0929]

Which of the following, according to the Maastricht treaty, was a condition for participating in the common currency area?
 
  A) a relatively small budget deficit-to-GDP ratio
  B) at least half the population of the country must speak German, French and English
  C) a promise that any future devaluations will be announced in advance
  D) the replacement of the country's prime minister with an appointee of the new United States of Europe
  E) a relatively small amount of foreign aid to countries outside the area

Question 2

Suppose an economy experience a 4 increase in each of the following variables: N, K, and H (human capital). Given this information, we know with certainty that
 
  A) Y will increase by more than 4.
  B) Y will increase by exactly 4.
  C) Y will increase by less than 4.
  D) Y will increase by less than 12 but by more than 4.
  E) none of the above

[mathjasmine]

Answer to Question 1

A

Answer to Question 2

D

[james0929]

Correct answers!

[mathjasmine]

Great! Please up vote