What is the "three-pronged approach" to organizing a banking union?
What will be an ideal response?
Centralize financial supervision, create a deposit insurance fund, and provide mechanisms for the resolution of insolvent banks within the euro area.
Economics
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If we look at the federal government budget over the past 40 years we see that
A) most years the government budget has been balanced. B) the government has been running a budget deficit since 1997. C) only occasionally has the budget been in deficit. D) most years the budget balance has not been calculated. E) most years the budget has been in deficit.
Economics
If the income effect is larger than the substitution effect, then a wage hike will be accompanied by an increase in the quantity of labor supplied
Indicate whether the statement is true or false
Economics