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Question
The make-up of the Governing Council of the European Central Bank and the methods used to calculate price stability for the monetary system can potentially result in:A. small countries having undue influence on the decisions of the Council.
B. monetary policy that is well suited for some countries but ill-suited for others.
C. a policy for the median country rather than a policy well suited for any country.
D. all of the results listed are possible.
Answer
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