This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Does Europe constitute an optimal common currency area? Why? What will be an ideal ... (Read 84 times)

mp14

  • Hero Member
  • *****
  • Posts: 534
on: Jun 30, 2018
Does Europe constitute an optimal common currency area? Why?
 
  What will be an ideal response?

Question 2

Assume that an economy experiences both positive population growth and technological progress. In this economy, which of the following is constant when balanced growth is achieved?
 
  A) K
  B) NA
  C) K/N
  D) Y/NA
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kingjoffery

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

There is less agreement on the question. This is because neither of the two Mundell conditions appears to be satisfied. European countries have experienced very different shocks in the past. Workers move much less within European countries than they do within the United States. Because of language and cultural differences among European countries, mobility between countries is even lower.

Answer to Question 2

D


mp14

  • Member
  • Posts: 534
Reply 2 on: Jun 30, 2018
Wow, this really help

nguyenhoanhat

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Retinopathy. Illustration of a normal retina (left) and a diseased retina (right). The diseased reti Retinopathy. Illustration of a normal retina (left) and a diseased retina (right). The diseased reti
Common eye and vision problems Common eye and vision problems
Common Antineoplastic Drugs Common Antineoplastic Drugs
Neck and Occipital Ridge. Apply thumb compression across the area at the base of the big toe. One ... Neck and Occipital Ridge. Apply thumb compression across the area at the base of the big toe. One ...
A container in the shape of a right circular cylinder with no top has surface area square feet. A container in the shape of a right circular cylinder with no top has surface area square feet.
Saturated Fat Content of Common Dietary Fats. Saturated Fat Content of Common Dietary Fats.
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library