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Some Say the ECB Draws Too Heavily on the German

Question 103

Multiple Choice

Some say the ECB draws too heavily on the German model. What is its major focus?


A) reliance on the ability of the European parliament to engage in fiscal policy when necessary
B) the notion that the economy needs monetary stimulus to weather frequent recessions
C) that the unemployment problem, especially in Eastern Europe, should take priority over price stability
D) that price stability (low inflation) is the primary policy goal, separated from political influence or having to address regional economic slowdowns

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