If any country decides to exit from the Eurozone, it will gain ________

A) free capital mobility
B) a fixed exchange rate
C) reduced transactions costs
D) monetary policy independence


D

Economics

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The federal government sets the poverty line at roughly

a. five times the cost of providing an adequate diet. b. four times the cost of providing an adequate diet. c. three times the cost of providing an adequate diet. d. two times the cost of providing an adequate diet.

Economics

Which of the following statements is true about individuals and utility?

A. Individuals seek to maximize their income, not utility. B. Individuals will either minimize or maximize utility depending on the situation. C. Individuals rarely try to maximize their utility. D. Individuals seek to maximize utility.

Economics

A rise in the price level

A) raises the buying power of money. B) decreases the prices of exports. C) lowers the buying power of money. D) increases aggregate demand. E) makes the aggregate demand curve steeper.

Economics

If a 1% change in the price of a good causes a 1% change in the quantity demanded, the good has an elasticity of demand:

A) equal to 0. B) less than 1. C) equal to 1. D) greater than 1.

Economics