Assignment:
In discussing the European Monetary Union, a recent government report stressed a need to make the central bank accountable to the ‘‘democratic process.’’ What are the likely consequences for price stability and exchange rate stability in the EMS if the ECB becomes accountable to the ‘‘democratic process’’?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.