Which of the Following Is NOT a Required Convergence Criterion

question 32

Multiple Choice

Which of the following is NOT a required convergence criterion to become a full member of the European Economic and Monetary Union (EMU) ?

• A) National birthrates must be at 2.0 or lower per person.
• B) The fiscal deficit should be no more than 3% of GDP.
• C) Nominal inflation should be no more than 1.5% above the average inflation rate for the three members with the lowest inflation rates in the previous year.
• D) Government debt should be no more than 60% of GDP.

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Definitions:

Rumination

The compulsive focused attention on the symptoms of one's distress, and on its possible causes and consequences, as opposed to its solutions.

Facial-feedback Hypothesis

The concept that emotional experiences can be shaped by facial expressions.

Cannon-Bard Theory

The Cannon-Bard theory of emotion posits that emotional and physiological responses to stimuli occur simultaneously, challenging the notion that emotions result from the physiological arousal.

Reappraisal

Reappraisal is a cognitive process that involves changing one's interpretation of a situation to alter its emotional impact.