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Comparing the FOMC and the ECB's Governing Council

Question 99

Multiple Choice

Comparing the FOMC and the ECB's Governing Council:


A) The cooperation with fiscal policymakers is the same for both
B) There is explicit cooperation with fiscal policy makers and the FOMC
C) Member countries in the ECB must meet rigid fiscal requirements
D) There is no explicit mechanism for cooperation between fiscal policymakers and either the FOMC or the Governing Council

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