Qualifying for admission to the Eurozone requires a nation to:
A) petition for membership with the European parliament.
B) demonstrate a commitment to democratic principles and take an antiterrorist stance.
C) peg its exchange rates to the euro and demonstrate fiscal responsibility for a length of time.
D) join the IMF and the UN, and be recommended by other members.
Ans: C) peg its exchange rates to the euro and demonstrate fiscal responsibility for a length of time.
Economics
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Which of the following statements about M1 and M2 is not true?
A) Transaction accounts are part of M1. B) M2 is more liquid than M1. C) M2 is larger than M1. D) Transaction accounts are part of M2.
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Which oligopoly model(s) have the same results as the competitive model?
A) Cournot B) Bertrand C) Stackelberg D) Both Cournot and Stackelberg
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