Qualifying for admission to the Eurozone requires a nation to:
A) petition for membership with the European parliament.
B) demonstrate a commitment to democratic principles and take an antiterrorist stance.
C) peg its exchange rates to the euro and demonstrate fiscal responsibility for a length of time.
D) join the IMF and the UN, and be recommended by other members.
Ans: C) peg its exchange rates to the euro and demonstrate fiscal responsibility for a length of time.
You might also like to view...
If as output increases average product increases, then ________
A) average total cost decreases B) average fixed cost decreases C) marginal cost decreases D) average variable cost decreases
The LM curve shows points of equilibrium in the money market and combinations of
A) inflation and unemployment. B) aggregate supply and aggregate demand. C) income and the interest rate. D) money supply and money demand.
A country's rate of real GDP growth is 3% per year. Its population is growing 4% per year. At what rate is its real GDP per capita changing?
A. Real GDP per capita is increasing by 0.75%. B. Real GDP per capita is increasing by 7%. C. Real GDP per capita is decreasing by 1.33%. D. Real GDP per capita is decreasing by 1%.
In which of the following situations should a firm reduce its efforts to abate pollution?
A. The marginal benefit of abatement is less than its marginal cost. B. The marginal benefit of abatement is greater than its marginal cost. C. The marginal benefit of abatement is equal to its marginal cost. D. None of these