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Munze Munze
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6 years ago
In practice, under the EMS, a member country
A) could never change its interest rate.
B) could change its interest rate only if other countries changed theirs as well.
C) must apply to a special European Commission in order to change its interest rate.
D) had complete freedom in choosing the interest rate it wanted.
E) had complete freedom in choosing its interest rate only if it is a very small country.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
Read 48 times
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Macroeconomics, 6/E (Blanchard, Johnson)
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vonCOLLINZOvonCOLLINZO
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6 years ago
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Munze Author
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6 years ago
this is exactly what I needed
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Helped a lot
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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