Which of the Following Was Part of the Stability and Growth

question 52

Multiple Choice

Which of the following was part of the stability and growth pact that was required for countries to be part of the European Monetary Union?

• A)The annual government budget must be no greater than 3% of GDP.
• B)The annual inflation rate must remain within 1.5% of the three best-performing EU countries.
• C)The annual government budget deficit could be no greater than 60% of GDP.
• D)The annual inflation rate must remain within 5.5% of the four best-performing EU countries.

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Definitions:

What Ought to Happen

refers to normative expectations or prescriptions for behavior and outcomes in societal or specific contexts.

Unequal Distribution

The uneven allocation or spread of resources, wealth, or opportunities among members of a society or between societies.

Limited Resources

Economic or physical assets that are in finite supply, requiring allocation and management to meet various needs and desires.

Positivist Theories

A school of thought in sociology and criminology that emphasizes the application of empirical, scientific methods to the study of social issues and crime.