To Join the EMU, a Country Must Have

question 29

Multiple Choice

To join the EMU, a country must have

• A) a public-sector deficit no higher than 3 percent of its GDP in general.
• B) a public-sector deficit no higher than 2 percent of its GDP in general.
• C) a public-sector deficit no higher than 1 percent of its GDP in general.
• D) a zero public-sector deficit.
• E) a public-sector deficit no higher than 4 percent of its GDP in general.

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