SciencesPo-Northwestern The Political Economy of the European

Sample Questions. Francesco Saraceno. The conditions required for Welfare Theorem to hold are. A: Perfect competition, Perfect information and Price flexibility.
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SciencesPo-Northwestern The Political Economy of the European Union Sample Questions Francesco Saraceno The conditions required for Welfare Theorem to hold are A: Perfect competition, Perfect information and Price flexibility B: Perfect information, flexible exchange rate and perfect capital mobility C: Equilibrium market, price flexibility and perfect capital mobility D: All of the other answers Which of these countries did not initially belong to the Coal and Steel Community? A: Austria B: Belgium C: Luxembourg D: Italy The Single European Act, that redesigns the European institutions, is of A: 1986 B: 1995 C: 1992 D: 1980 Markets tend to A: Underprovide public goods B: Overprovide public goods C: Be affected by externalities but not by public goods D: React to government attempts to crowd out the production of public goods A central bank typically controls: A: Short run interest rates B: Credit C: Asset prices D: Exchange rates

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