To Pave the Way for the European Monetary Union, the Member

question 77

Multiple Choice

To pave the way for the European Monetary Union, the member countries of the European Monetary System agreed to achieve a convergence of their economies. Which of the following is NOT a condition of convergence:

• A)keep the ratio of government budget deficits to GDP below 3 percent.
• B)keep gross public debts below 60 percent of GDP.
• C)achieve a high degree of price stability.
• D)maintain its currency at a fixed exchange rate to the ERM.

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Definitions:

Emerging Disease

A disease that has appeared in a population for the first time, or an existing disease that is rapidly increasing in incidence or geographic range.

Lysogenic Pathway

A type of viral lifecycle where the virus integrates its genetic material into the host's genome, replicating alongside it without causing immediate lysis.

Viral DNA

Genetic material in the form of DNA that composes the genome of a virus.

Cyanobacteria

Photosynthetic, aquatic organisms that can produce oxygen during photosynthesis, part of the bacterial kingdom.