A central bank commitment to a ________ rule for monetary growth can be conveyed by maintaining a ________ exchange rate

Institutional reversal refers to the fact that:

A) the same institutions that were highly inclusive in the year 1500 slowly changed into extractive institutions as a result of modernization. B) Europeans established more extractive institutions in places that were previously more developed, and set up more inclusive institutions that were previously less developed. C) Europeans established more extractive institutions in places that were previously less developed, and set up more inclusive institutions that were previously more developed. D) the same institutions that were highly extractive in the year 1500 slowly changed into inclusive institutions as a result of modernization.

Which of the following countries did not adopt the euro as their currency?

A) Greece B) Belgium C) Great Britain D) Finland