Under ERM 2 Rules, the National Central Bank of an EU

question 41

Multiple Choice

Under ERM 2 rules, the national central bank of an EU member with its own currency can suspend euro intervention operations

• A) if there is a civil war.
• B) if they result in money supply changes that threaten to destabilize the domestic price level.
• C) if there is a current account deficit.
• D) if there is a current account surplus.
• E) if they result in a weakened current account.

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Definitions:

Opinion Leaders

Individuals who have significant influence on the opinions, attitudes, and behaviors of others within their community or social network.

Socially Active

Describes individuals or entities that are highly engaged in social activities or social networks.

Homophily

The tendency of individuals to associate and bond with similar others, including similarities in beliefs, values, and social status.

Surrogate Consumer

An individual who is hired or appointed to make purchase decisions on behalf of another person, often due to the original consumer's lack of time or expertise.