Explain the credibility theory of the EMS
What will be an ideal response?
In this way, the other EMS countries in effect imported the credibility of the German central bank in fighting inflation, thus discouraging the development of inflationary pressures at home. This is known as the credibility theory of the EMS.
Economics
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Every society must follow some kinds of criteria to determine who gets what. Examples of such criteria include
A) age. B) gender. C) height. D) willingness to pay. E) all of the above.
Economics
Which of the following products should be sold face-to-face rather than by mass advertising?
a. Breakfast cereals b. Health drinks c. A pharmaceutical which can only be understood by doctors d. A new brand of herbal cosmetics
Economics