The make-up of the Governing Council of the European Central Bank and the methods used to calculate price stability for the monetary system can potentially result in:

Question

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All the listed results are possible with the current make-up of the Governing Council and methods used to calculate price stability for the monetary system. The diversity of economies and interests within the eurozone can potentially result in small countries having undue influence, monetary policies being well-suited for some countries but not others, and a policy that may cater to the median country rather than being an optimal fit for any particular country.

The Make-Up of the Governing Council of the European Central