Some Economists Argue That Monetary Union Does Not Work as Well

question 82

Multiple Choice

Some economists argue that monetary union does not work as well in Europe as it does in Canada and the United States for all of the following reasons except:

• A)labour is not as mobile in Europe as it is in Canada and the United States.
• B)there is no strong central government that can use fiscal policy in Europe as there is in Canada and the United States.
• C)there is no common language in Europe as there is in Canada and the United States.
• D)there is no European central bank as there is in Canada and the United States.

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Definitions:

Completeness

The state of being whole and finished, with no missing parts or aspects.

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The process of developing strategies and policies that guide individuals or organizations in ethical decision-making and behavior.

Unethical Conduct

Behavior that does not conform to accepted standards of morality or integrity within a professional or organizational context.

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The process of assessing advancement or improvement towards achieving specific goals, objectives, or outcomes, often using quantitative or qualitative metrics.