Describe the single supervisory mechanism or SSM proposed by EU leaders in June of 2012
What will be an ideal response?
The SSM involved granting the European Central Bank the power to police banks throughout the euro zone and the ability to re-capitalize banks directly if needed.
Economics
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When a tariff is imposed on a good, the ________ increases
A) domestic quantity purchased B) domestic quantity produced C) quantity imported D) quantity exported E) world price
Economics
If an economy's institutional production possibilities frontier (institutional PPF) shifts rightward, the economy's
A) natural unemployment rate rises. B) natural unemployment rate falls. C) Natural Real GDP declines. D) physical PPF shifts leftward. E) physical PPF shifts rightward.
Economics