Fiscal federalism in the EU refers to

A) one nation's control of the monetary policy of all the other nations.
B) freedom of member countries to leave the EU at any time.
C) the transfer of economic resources from members with healthy economies to those suffering economic setbacks.
D) one nation's freedom to abandon the Euro and use its own currency.
E) the transfer of economic resources between members with healthy economies.

C

Economics

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Monopoly and monopsony markets have low barriers to entry.

a. true b. false

Economics

If the market price rises from P0 to P2 in the above figure, then there is a

A) surplus equal to the distance Q0, Q2. B) surplus equal to the distance Q1, Q2. C) shortage equal to the distance Q0, Q2. D) shortage equal to the distance Q1, Q2.

Economics