The European Central Bank:
A) emphasizes maintaining interest rates below 5%.
B) lays more emphasis on controlling employment than on controlling inflation.
C) emphasizes maintaining unemployment rates below 5%.
D) lays more emphasis on controlling inflation than on controlling employment.
D
You might also like to view...
Refer to above figure. With free trade and no tariffs, what is the quantity of Widgets imported?
What will be an ideal response?
During the era from 1880 to 1920, the U.S. economy experienced a rise in big business, an expansion in industry and increased concentration in both
Indicate whether the statement is true or false
Which of the following is correct concerning the open-economy macroeconomic model?
a. The net-capital-outflow curve slopes upward. b. The key determinant of net capital outflow is the real exchange rate. c. The supply of dollars in the market for foreign-currency exchange is vertical. d. None of the above is correct.
A price ceiling is
A) the lowest price a seller can charge without losing all of its customers. B) a legal minimum price below which a good or service cannot be sold. C) a legal price above which a good or service cannot be sold. D) a nonprice rationing device.