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The German Central Bank in the European Monetary System, 1979-1998

Question 12

Multiple Choice

The German central bank in the European Monetary System, 1979-1998


A) was very inflation-averse.
B) was moderately inflation-averse.
C) was willing to accept inflation.
D) lacked control over inflation since it had fixed its exchange rate.
E) lacked sufficient reserves.

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