« previous next »

Author Question: To join the EMU, a country must have A) a public-sector deficit no higher than 3 percent of its ... (Read 85 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
To join the EMU, a country must have
 
  A) a public-sector deficit no higher than 3 percent of its GDP in general.
  B) a public-sector deficit no higher than 2 percent of its GDP in general.
  C) a public-sector deficit no higher than 1 percent of its GDP in general.
  D) a zero public-sector deficit.
  E) a public-sector deficit no higher than 4 percent of its GDP in general.

Question 2

The reason that the claim that floating exchange rates result in greater economic autonomy for individual countries may not be entirely accurate is that
 
  A) empirical research finds no supporting data.
  B) policy makers are influenced by the effect of domestic policies on the exchange rate.
  C) there is no generally satisfactory method for measuring economic autonomy.
  D) it is based on the assumption of a gold standard.
  E) countries that run large trade deficits must increase exports to balance trade.


stanleka1

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Potency and efficacy: (a) drug A has a higher potency than drug B; (b) drug A has a higher efficacy Potency and efficacy: (a) drug A has a higher potency than drug B; (b) drug A has a higher efficacy
Fraternal twins share about 50 percent of their segregating genes. Fraternal twins share about 50 percent of their segregating genes.
The main avenue to the upward social mobility reviewed in the text has been higher education. The main avenue to the upward social mobility reviewed in the text has been higher education.
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Chemical bonds join atoms into molecules Chemical bonds join atoms into molecules
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Introduction to Genetics

For a complete list of videos, visit our video library