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Author Question: Which of the following is an advantage of a common currency in Europe? A) Each country could ... (Read 52 times)

mia

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on: Jun 30, 2018
Which of the following is an advantage of a common currency in Europe?
 
  A) Each country could conduct its own, independent monetary policy.
  B) Exchange rate uncertainty within the common currency area would be eliminated.
  C) Each country could conduct its own, independent fiscal policy.
  D) all of the above
  E) none of the above

Question 2

Suppose an economy experiences a 5 increase in human capital. We know that this will cause
 
  A) Y/N to increase by more than 5.
  B) Y/N to increase by exactly 5.
  C) Y/N to increase by less than 5.
  D) no change in Y/N.
  E) a reduction in output per worker.


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alvinum

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

B

Answer to Question 2

C


mia

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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