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 of the results listed are possible. Small countries with less population may have equal representation on the Council as larger countries, leading to undue influence. The methods used to calculate price stability may not be optimal for all countries, resulting in monetary policy that is well suited for some but not others. Moreover, the Council may end up adopting a policy that is neutral for the median country, rather than one that is well-suited for any country.

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