Monetary Union, Fiscal & Monetary Policy Mcqs


Q.  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: See Answer
 
No explanation is available for this question!
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