To Qualify as a Participating Country in the Economic and Monetary

Multiple Choice

To qualify as a participating country in the Economic and Monetary Union (EMU) requires that a country satisfy certain economic standards. These standards include: ________.

A) the annual fiscal deficit is to be no more than 3% of the gross disposable product (GDP) .
B) the total outstanding government indebtedness is to be no more than 60% of GDP.
C) the voters of a country seeking membership have to approve the joining of the EMU by popular referendum.
D) All of these