Question: Explain clearly, don't copy from internet A single currency area requires....... a. immobile labour and mobile capital b. mobile labour and synchronized business cycles c.

Explain clearly, don't copy from internet

A single currency area requires.......

a.

immobile labour and mobile capital

b.

mobile labour and synchronized business cycles

c.

immobile labour and synchronized business cycles

d.

mobile labour and unsynchronized business cycles

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