Which of the Following Statements Is Incorrect with Respect to a Single

Multiple Choice

Which of the following statements is incorrect with respect to a single European monetary policy?

A) It allows for more consistent economic conditions across the countries.
B) It prevents any participating European country from solving local economic problems with its own unique monetary policy.
C) A policy used in a particular period may not affect the participating countries equally, since they all have the same currency.
D) Each participating country will still be able to apply its own fiscal policy (tax and government expenditure decisions) .
E) All of the above are true with respect to a single European monetary policy.