What is one of the key differences between the United States and Europe in terms of supporting a single currency?
Stiglitz on Why the ECB Has Failed

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Europe has more political institutions supporting the currency.
Europe has a common deposit insurance system.
The United States lacks fiscal support during recessions.
The United States has common resolution mechanisms for banks.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential political consequence of prolonged economic stagnation in the Eurozone?
Rise of right-wing parties
Increased support for left-wing parties
Strengthening of the European Union
Decrease in voter turnout
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest as a solution for the Eurozone's economic issues?
Reducing trade with non-European countries
Adopting a new currency
Increasing sovereignty of individual countries
Completing the necessary institutions for the Euro
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of the European Central Bank's mandate?
Trade balance
Price stability
Economic growth
Unemployment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it unlikely that the ECB's mandate will change, according to the speaker?
Lack of political will in France
The ECB's success in managing economic growth
Support from all Eurozone countries for the current mandate
Germany's focus on inflation over unemployment
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