Under ERM 2 rules, the national central bank of an EU member with its own currency can suspend euro intervention operations
A) if there is a civil war.
B) if they result in money supply changes that threaten to destabilize the domestic price level.
C) if there is a current account deficit.
D) if there is a current account surplus.
E) if they result in a weakened current account.
B
You might also like to view...
With price discrimination, a monopoly
A) converts consumer surplus into economic profit. B) converts producer surplus into economic profit. C) can charge a single price to all customers. D) produces less output than if it does not price discriminate. E) converts consumer surplus into deadweight loss.
Which of the following is a direct consequence of the development of faster and cheaper computers?
a. The development of double-entry bookkeeping b. The enhanced ability of managers of business operations to deal with complex transactions in far-flung locations c. The creation of money d. The decrease in workers' productivity, because more computers need fewer people to operate them e. A decline in the rate of inflation
Which economists believe a decrease in marginal tax rates will ultimately cause the economy to move from point B to point D in Figure 18.3?
A. Modern Keynesians. B. Supply-siders. C. Monetarists. D. Keynesians.
Refer to the above table. What is the GDP price index in Year 1?
105.2 111.5 108.3 109.6