Before the creation of the European Economic Community, there was the
A) European Economic Union.
B) European Coal and Steel Community.
C) European Union.
D) European Free Trade Area.
E) Single European Community.
B
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If stock exchanges did not exist,
A. the risk to the investor of buying stocks would be much greater. B. the economy’s resources could be more efficiently allocated among firms. C. there would be no organized way for firms to issue stock. D. investment banks would no longer play a role in handling stocks.
Explain how does an increase in real interest rates affect the components of AE
What will be an ideal response?
Under most circumstances, the application of taxes on goods will only affect who gets the goods
Indicate whether the statement is true or false
Economist Smith favors an activist monetary policy. He says that if the economy is going to be stabilized over time, it is necessary to fine-tune the money supply to the particular economic conditions that exist. What would economist Jones, who favors rules-based monetary policy, say to economist Smith?
A) Because of long lags, activist monetary policy is likely to be destabilizing rather than stabilizing. B) There have been times when activist monetary policy has worked well. C) There have been times when a constant-money-growth-rate rule has worked poorly. D) Flexibility is desirable when it comes to monetary policy.