The Stability and Growth Pact (SGP) of 1997 proposed:
A) only a budgetary surveillance process.
B) no sanctions for "excessive deficit procedure."
C) signing mandatory pledges to uphold the criteria.
D) a budgetary surveillance process and sanctions for "excessive deficit procedure."
Ans: D) a budgetary surveillance process and sanctions for "excessive deficit procedure."
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If more and better technology is used by U.S. farm workers than by Egyptian farm workers, then the
a. MRP of the U.S. farm workers will be higher than the MRP of the Egyptian farm workers b. MRP of the U.S. farm workers will be lower than the MRP of the Egyptian farm workers c. demand for the U.S. farm workers will be lower than the demand for the Egyptian farm workers d. price of farm goods will be higher in the U.S. than in Egypt e. the wage rate of the U.S. farm workers will be lower than the wage rate of the Egyptian farm workers
The largest single share of all income earned by Americans consists of:
A. wages and salaries. B. interest. C. rents. D. corporate profits.