A.5 percent inflation rate above the average of the three EU member states with the highest inflation.B.3 percent inflation rate above the average of the three EU member states wit...

A.a public-sector deficit no higher than 3 percent of its GDP inB.a public-sector deficit no higher than 2 percent of its GDP inC.a public-sector deficit no higher than 1 percent o...

Discuss the problems that the EMU will face in the coming years.Answer: pages 631-632. (1) Europe is not an optimum currency area; therefore asymmetric economic developments within...