The conditions for joining the "Euro" single-currency block led a number of European countries to ________ and consequently reduce their debt-GDP ratios

A) tighten monetary policy
B) loosen monetary policy
C) loosen fiscal policy
D) tighten fiscal policy

D

Economics

You might also like to view...

An increase in government spending will have the greatest expansionary impact on the economy if it is combined with:

a. an increase in tax revenue equal to the increase in spending. b. a decrease in tax revenue equal to the increase in spending. c. unchanged tax revenue. d. none of these is true.

Economics

Mutual funds, pension plans, and life insurance policies:

A. are all forms of savings. B. all entrust a professional to decide which financial assets are the best for the saver to hold. C. differ regarding when you can have access to the asset's worth. D. All of these are true.

Economics