Which of the following was NOT one of the monetary criteria for entering the Eurozone? Potential members had to:
A) have had no major currency devaluations in the previous two years.
B) maintain annual deficits of less than 3% of GDP.
C) maintain low inflation rates.
D) maintain high long term interest rates.

Question

Quizplus · Accepted Answer

Maintaining high long term interest rates was not one of the monetary criteria for entering the Eurozone. The other three criteria were a stable exchange rate, low inflation rates, and annual deficits of less than 3% of GDP.

Which of the Following Was NOT One of the Monetary