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Dymondmonae Dymondmonae
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Posts: 489
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4 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.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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RNIPPRNIPP
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4 years ago
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Dymondmonae Author
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4 years ago
Smart ... Thanks!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Brilliant
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