The individual countries of the Eurozone are on which side of the "policy trilemma"?
A) free capital mobility and independent monetary policy
B) free capital mobility and fixed exchange rate
C) fixed exchange rate and independent monetary policy
D) fixed exchange rate and capital controls
B
You might also like to view...
If more and more labor is employed while keeping all other inputs constant, the marginal physical productivity of labor will eventually:
a. increase. b. decrease. c. remain constant. d. cannot tell from the information provided.
Assuming that the demand for a good has increased and the supply of a good has decreased by the same amount, then: a. The change in price is determinate but the change in quantity is indeterminate. b. The change in quantity is determinate but the change in price is indeterminate. c. Both the change in price and the change in quantity will be indeterminate
d. Neither the change in price nor the change in quantity will be indeterminate.
Suppose that the Houston Rockets' management is considering a plan in which fans who donate blood can attend games for $35 instead of the usual $50. If both ticket revenues and blood donations rise with this plan, which of the following is true?
A. The demand for Houston Rockets' tickets is price inelastic. B. The demand for Houston Rockets' tickets is price elastic. C. The demand for blood donations is price elastic. D. The demand for blood donations is price inelastic.
Suppose output is $35 billion, government purchases are $10 billion, desired consumption is $15 billion, and desired investment is $6 billion. Desired savings is equal to
A. $2 billion. B. $10 billion. C. $16 billion. D. $14 billion.