The _______________ includes the European Central Bank and the central banks of the 12 countries that participate in the euro.
A)seigniorage
B)Eurosystem
C)European Union (EU)
D)Bretton Woods Accord

Question

Quizplus · Accepted Answer

The Eurosystem is the correct answer as it consists of the European Central Bank (ECB) and the central banks of the 12 countries that have adopted the euro as their currency. Seigniorage refers to the profit earned by a government from issuing currency, the European Union (EU) is a broader organization of 27 member states, and the Bretton Woods Accord was an international agreement related to monetary policy and exchange rates in the mid-20th century.

The _______________ Includes the European Central Bank and the Central