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In the European Monetary Union, the Supply of Euros

Question 16

Multiple Choice

In the European Monetary Union, the supply of Euros


A) is managed by the individual central banks of the member countries.
B) is managed by the European Central Bank.
C) is determined by market forces.
D) automatically varied in response to short-run fluctuations in the exchange rates of the member nations.
E) is managed by the International Monetary Fund.

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