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Author Question: Which of the following, according to the Maastricht treaty, was a condition for participating in the ... (Read 127 times)

james0929

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on: Jun 30, 2018
Which of the following, according to the Maastricht treaty, was a condition for participating in the common currency area?
 
  A) a relatively small budget deficit-to-GDP ratio
  B) at least half the population of the country must speak German, French and English
  C) a promise that any future devaluations will be announced in advance
  D) the replacement of the country's prime minister with an appointee of the new United States of Europe
  E) a relatively small amount of foreign aid to countries outside the area

Question 2

Suppose an economy experience a 4 increase in each of the following variables: N, K, and H (human capital). Given this information, we know with certainty that
 
  A) Y will increase by more than 4.
  B) Y will increase by exactly 4.
  C) Y will increase by less than 4.
  D) Y will increase by less than 12 but by more than 4.
  E) none of the above


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mathjasmine

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


james0929

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Reply #2 on: Jun 30, 2018
Correct answers!


mathjasmine

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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