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Dymondmonae Dymondmonae
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3 years ago
Various convergence criteria were established before countries were allowed to join the single currency. Which of the following was one of the convergence criteria?

▸ Inflation should be no more than 1-1/2% below the average inflation rate of the three countries in the EU with the highest inflation.

▸ Inflation should be no more than 1% per cent below the average inflation rate of the three countries in the EU with the lowest inflation.

▸ Inflation should be no more than 1% above the average inflation rate of the three countries in the EU with the lowest inflation.

▸ Inflation should be no more than 1-1/2% above the average inflation rate of the three countries in the EU with the lowest inflation.
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Essential Economics for Business

Essential Economics for Business


Edition: 5th
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RNIPPRNIPP
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Dymondmonae Author
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3 years ago
You make an excellent tutor!
Jose^2
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Thank you, thank you, thank you!
amandamraz
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2 hours ago
Thanks for your help!!
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