Question: I. True/False/Uncertain - Briefly explain. No credit without an explanation (5 marks each). The European Central Bank (ECB) can achieve both stable inflation and financial
I. True/False/Uncertain - Briefly explain. No credit without an explanation (5 marks each).
- The European Central Bank (ECB) can achieve both stable inflation and financial stability.
- ECB should be less independent and more accountable to achieve its mission.
- Countries can run primary fiscal deficits while maintaining constant debt-to-GDP ratios.
- Integrated financial markets function as insurance against symmetric, systemic shocks.
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