The Euro,like the European Monetary Union which preceded it,is
A)opposed by most politicians.
B)favored by most economists.
C)likely to improve the use of monetary policy to deal with contractionary shocks which strike only one or two countries in Europe.
D)all of the above.
E)none of the above.

Question

Quizplus · Accepted Answer

The Euro and the European Monetary Union are generally supported by many politicians across Europe, and while some economists favor it, others have concerns, particularly regarding its impact on the ability of individual countries to deal with localized economic shocks. Thus, none of the provided statements accurately describe the general consensus or effects of the Euro and the European Monetary Union.

The Euro,like the European Monetary Union Which Preceded It,is