The Maastricht criteria for entry to the EMU are that applicants should have ?
Correct answer: E. all of the above
- A. low inflation
- B. low interest rates
- C. stable nominal exchange rates
- D. budget deficits and government debt under control
- E. all of the above
Explanation
The Maastricht criteria cover price stability, convergence of long-term interest rates, exchange-rate stability, and sustainable government finances. Thus the listed conditions are collectively represented by all of the above.
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