The European Monetary Union, which preceded the Euro, was
A) opposed by most politicians.
B) favored by most economists.
C) likely to improve the use of monetary policy to deal with contractionary shocks which strike only one or two countries in Europe.
D) all of the above.
E) none of the above.
E
Economics
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a. 1% b. 3% c. 7% d. 12%
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The law of increasing opportunity costs implies that a society's production possibilities curve will be a straight line
a. True b. False Indicate whether the statement is true or false
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