Which of the Following Explains How the UK Would Benefit

question 51

Multiple Choice

Which of the following explains how the UK would benefit by adopting the euro?

• A) There will be no restrictions on fiscal policy in the UK.
• B) The UK will be able to retain its monetary independence.
• C) The UK can set low interest rates and boost exports and aggregate demand.
• D) The risks associated with currency movements will be reduced.

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Definitions:

Defined

Clearly characterized or delineated; having a clear description or boundary.

Blended Families

A family structure comprising of parents and their children from previous relationships together with any children they may have together.

Functionalism

A theoretical perspective in sociology and anthropology that explains social institutions and their roles in maintaining or disrupting social order.

Structural Changes

Alterations or transformations in the organizational, economic, or social structure of a system or society.