Author Question: Fiscal federalism in the EU refers to A) one nation's control of the monetary policy of all the ... (Read 27 times)

bobbysung · **on:** Jun 30, 2018

Fiscal federalism in the EU refers to

A) one nation's control of the monetary policy of all the other nations.
B) freedom of member countries to leave the EU at any time.
C) the transfer of economic resources from members with healthy economies to those suffering economic setbacks.
D) one nation's freedom to abandon the Euro and use its own currency.
E) the transfer of economic resources between members with healthy economies.

Question 2

Refer to the payoff matrix below, which ________ a prisoner's dilemma. If both countries cooperate, Home will choose Policy ________ and Foreign will choose Policy ________.

A) is; 1; A
B) is; 2; B
C) is; 1; B
D) is not; 2; B
E) is not; 1; A