Which of the following could not be described as an asymmetric macroeconomic shock ?

Related Mcqs:

To try to overcome the free rider problem, the members of EMU signed ?

A. the stability and growth pack B. the European solidarity packs C. the exchange rate mechanism pact D. the responsibility and growth pack...

Which one of the following is not an argument in support of the UK joining the EMU ?

A. None of these arguments they are all arguments in support of the UK joining the UMU B. The characteristics of the UK housing market make UK consumers expenditure very sensitive to changes in interest rates C. The UK risks exclusion from the Euroland capital market with damaging consequences with damaging D. The UK needs … Which one of the following is not an argument in support of the UK joining the EMU ?Read More...

Which one of the following is not a characteristic that reduces the cost of a signals currency ?

A. A high degree of labour mobility among the countries of the common currency area B. A high degree of capital mobility among the countries of the common currency area C. None of the characteristics described in these answers They are all characteristics that reduce the cost of a single currency D. A high degree … Which one of the following is not a characteristic that reduces the cost of a signals currency ?Read More...

What is fiscal federalism ?

A. A fiscal system for a group of countries in which fiscal policy is set in a treaty signed by all the countries B. A fiscal system for a group of countries in which government budget deficits are strictly limited C. A fiscal system for a group of countries involving a common fiscal budget and … What is fiscal federalism ?Read More...

Which of the following is a problem for fiscal policy in a currency union ?

A. The central bank controls interest rates on long-term bonds issued by the governments of the member countries of the currency union B. Government of the member countries of the currency union may run large budget deficit and so crowd out private investment C. government of the member countries of the currency union may run … Which of the following is a problem for fiscal policy in a currency union ?Read More...