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 157 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
:D TYSM

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

The Cardiac Landmarks. A = Aortic Area; P = Pulmonic Area; E = Erb’s Point; T = Tri The Cardiac Landmarks. A = Aortic Area; P = Pulmonic Area; E = Erb’s Point; T = Tri
pH values of common solutions pH values of common solutions
The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce The Black Death spread over much of Europe in a three-year period in the middle of the fourteenth ce
Summary of Drug Action: Common Routes of Administration Summary of Drug Action: Common Routes of Administration
Water shortages, reduced agricultural capacity & coastal inundation are common themes Water shortages, reduced agricultural capacity & coastal inundation are common themes
Video: Bond types - Atomic structure and basis of bonds

For a complete list of videos, visit our video library