The Sole Mission of the European Central Bank at the Time

question 20

Multiple Choice

The sole mission of the European Central Bank at the time of its creation was

• A)to control inflation.
• B)to boost employment.
• C)to increase saving.
• D)to reduce long-term interest rates

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Definitions:

Financial Health

Financial health is a term used to describe the state of one's personal or an organization's financial situation, including aspects of financial stability, ability to meet obligations, and the capacity to absorb shocks.

Dividend Yield

The financial ratio that shows how much a company pays out in dividends each year relative to its stock price.