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Author Question: What were some of the key features in terms of fiscal policy of the Stability and Growth Pact signed ... (Read 59 times)

anshika

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What were some of the key features in terms of fiscal policy of the Stability and Growth Pact signed in 1997 by would-be members of the Euro?
 
  What will be an ideal response?

Question 2

Assume that an economy experiences both positive population growth and technological progress. Once the economy has achieved balanced growth, we know that
 
  A) S/NA = ( + gA + gN)K/NA.
  B) S/NA = (gA + gN)K/NA.
  C) I/NA = ()K/NA.
  D) I = K.
  E) none of the above



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wilsonbho

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Answer to Question 1

The Stability and Growth pact: (1 ) committed countries to balance their budgets in the medium run; (2 ) countries avoid excessive deficits; and (3 ) imposed sanctions on countries that ran excessive deficits.

Answer to Question 2

A




anshika

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


apple

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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