Author Question: To join the EMU, a country must have a public debt below or approaching a reference level of A) ... (Read 144 times)

Frost2351 · **on:** Jun 30, 2018

To join the EMU, a country must have a public debt below or approaching a reference level of

A) 50 percent of its GDP.
B) 10 percent of its GDP.
C) 60 percent of its GDP.
D) 100 percent of its GDP.
E) 5 percent of its GDP.

Question 2

Under a flexible exchange rate regime, an increase in real money demand

A) moves the AA curve to the right.
B) moves the AA curve to the left.
C) leaves the AA curve unchanged.
D) moves the DD curve to the right.
E) moves the DD curve to the left.