The ECB's Focus on Restraining Inflation Is, in Large Part

question 7

Multiple Choice

The ECB's focus on restraining inflation is, in large part, a result of:

• A) Europe's experience with inflation during the 1960s.
• B) Germany's experience with hyperinflation during the period between the first and second world wars.
• C) the ECB's distrust of some of its smaller member countries (e.g., Finland, Portugal).
• D) its monetary policy having no effect on economic growth.

---

Definitions:

Data Validation

The process of ensuring that a program operates on clean, correct and useful data, through checks and routines.

Data Interpretation

The process of analyzing and making sense of collected data to derive conclusions or insights.

Professional Standards

Guidelines and principles that dictate the ethical and technical expectations of professionals in their field.

PQRST

A mnemonic used in nursing and medicine to assess pain: Provokes, Quality, Radiates, Severity, Time.