The Maastricht Treaty of 1991 provided for all of the following, EXCEPT:
A) an enlargement process to include more European nations.
B) a ban on nations opting out of a currency union.
C) a rename of the EC to the European Union.
D) a notion of EU "citizenship."
Answer: B) a ban on nations opting out of a currency union.
Economics
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For purposes of monetary policy, the Federal Reserve has targeted the interest rate known as the
A) prime rate. B) Treasury bill rate. C) federal funds rate. D) discount rate.
Economics
Arbitrage
a. Is the act of to buying low in one market and selling high in another market b. Can force a seller to go back to uniform pricing c. Can offset the benefits of direct price discrimination d. All of the above
Economics