--%>

Describe the Euro

Describe the Euro?

E

Expert

Verified

1. The euro is a currency established by the EU that is now being used by eleven of the fifteen EU nations.

2. Starting in 1999, the euro has been used as electronic payments for credit card purchases and transfer of funds among banks.

3. By July 2002, only the euro will be accepted for payments in the EU countries that have adopted the currency.

   Related Questions in Business Economics

  • Q : Comparison between EVA and Ratio

    Comparison between EVA and Ratio Analysis: EVA helps in measuring the economic performance of the company. It is the profit earned by the firm less the cost of financing the firm’s capital. It shows that the shareholders gain when the return fro

  • Q : Individuals self-interests and broader

    A natural harmony among individuals serving their own self-interests and the broader interests of society was the main theme of the theories of __________, although this concept was not accepted through _________. Determine the correct answer from given options: (w) K

  • Q : Need urgent help need urgent help in

    need urgent help in business economics, please suggest

  • Q : Help How is a shift in demand reflected

    How is a shift in demand reflected in a demand equation? How is a shift in supply reflected in a supply equation? How is a movement along a demand (supply) curve reflected in a demand (supply) equation?

  • Q : Explain the term Operating Leverage

    Briefly explain the term Operating Leverage?

  • Q : Public Sector Government Role

    Illustrate the Public Sector Government’s Role of providing the legal structure?

  • Q : What are the Causes and theories of

    What are the Causes and theories of inflation?

  • Q : The financial investor about bonds

    Describe three ways to finance corporate activity.  Make a case that stocks are more risky for the financial investor than are bonds?

  • Q : Problem regarding to intermediaries and

    Society gains from the activities of intermediaries which succeed within: (1) falling uncertainty and transaction costs for last consumers. (2) arbitrating strikes and defending workers’ rights. (3) creating productive jobs for unskilled workers

  • Q : Describe redistributive effects of

    Describe redistributive effects of inflation?