The Rules for Joining the Eurozone Specified Monetary Economic Conditions

question 119

Multiple Choice

The rules for joining the Eurozone specified monetary economic conditions that the potential entrants had to achieve for admission. The convergence criteria of the ECB were:

• A) moderate inflation, low unemployment, and adequate foreign currency reserves.
• B) no national debt and no current account deficits within the past five years.
• C) inflation rates roughly matching the lowest in the Eurozone, stable exchange rate peg for two years, and equivalent long-term interest rates.
• D) a stable political situation, high GDP growth rate, and moderate unemployment.

---

Definitions:

Sexual Relationships

Interactions between individuals that involve intimate and sexual activities.

Same Sex

refers to individuals of the same gender, often in the context of same-sex attraction or relationships.

Different Age Groups

Categories of populations segmented by age, typically used for demographic studies, policy planning, and understanding developmental stages and needs.

Out in The World

A phrase often used to describe the act of engaging with and experiencing the broader social and physical environment outside of one's immediate circle.