Euro-optimists believe that the Eurozone has been successful because:
A) it has not collapsed since its inception.
B) the euro is becoming a reserve currency for foreign central banks.
C) European inflation has fallen to 10% annually.
D) there are no exit mechanisms for countries to leave the Eurozone.
Ans: B) the euro is becoming a reserve currency for foreign central banks.
Economics
You might also like to view...
Explain how each of the following events would affect the long-run aggregate supply curve
a. A lower price level b. A decrease in the labor force c. A decrease in the quantity of capital goods d. Technological change
Economics
When attempting price regulation a government faces what problem(s)?
A) limited information B) bribes C) uncooperative firms D) All of the above.
Economics