What is the ECB prohibited from doing in the Eurozone?
A) raising tariffs on goods from nonmember countries
B) directly financing member countries fiscal deficits
C) increasing interest rates
D) decreasing interest rates
Ans: B) directly financing member countries fiscal deficits
You might also like to view...
The above table has the total revenue and total cost schedule for Omar, a perfectly competitive grower of rutabagas. Omar's total profit is maximized when he produces ________ bushels of rutabagas
A) 3 B) 5 C) 6 D) 8 E) 7
In 1790 the average farmer fed ____ people; today the average farmer feeds _____ people.
Fill in the blank(s) with the appropriate word(s).
Gross public debt is the amount of funds that
A. the federal government owes to taxpayers. B. the federal government owes to all holders of U.S. securities. C. U.S. residents owe to foreign residents. D. states owe to the federal government.
Within the aggregate demand/aggregate supply framework, the quantity produced and purchased in the goods and services market represents
a. nominal output or nominal GDP. b. the interest rate. c. real output or real GDP. d. the consumer price index.