Having one central bank responsible for managing the common currency and replacing the national monetary authority provides benefits that include all of the following, EXCEPT:

Question

Quizplus · Accepted Answer

Having one central bank responsible for managing the common currency and replacing the national monetary authority does not provide the ability to tailor the supply of money for a variety of economic conditions in the member states. Instead, the central bank follows a single monetary policy for all member states.

Having One Central Bank Responsible for Managing the Common Currency