The Main Function of the 1997 Stability and Growth Pact

question 34

Multiple Choice

The main function of the 1997 Stability and Growth Pact (SGP) was to

• A)exclude a highly indebted EMU country
• B)enhance cooperation between France and Germany.
• C)make the Euro a weak currency.
• D)distribute the Euro banknote among European central banks and to create a timetable for the imposition of financial penalties on countries that fail to correct situations of "excessive" deficits and debt promptly enough.
• E)determine specialized penalties for each member nation.

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Definitions:

Excitatory Input

Neural input that increases the likelihood of the firing of an action potential in receiving neurons, facilitating neuron-to-neuron communication.

Threshold

The minimum level of stimulus intensity required for a stimulus to be detected or for a response to occur.

Endorphins

Neurotransmitters produced in the brain that act as natural painkillers and also improve mood, often released in response to stress or exercise.

Norepinephrine

A neurotransmitter and hormone involved in arousal, alertness, and the regulation of blood pressure.