MCQOPTIONS
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| 1. |
Which of the following is a problem for monetary policy in a currency union ? |
| A. | Money supply is more difficult to control in a currency union. |
| B. | The inflation-unemployment trade-off is more unstable in a currency union |
| C. | All of these answers describe problems for monetary policy in a currency union |
| D. | The interest rate may be higher than is appropriate for economic conditions in some countries while it’s lower than is appropriate in some others mo |
| Answer» E. | |