monetary policy operations are carried out by the ECB itself or the

national central banks in accordance with the instructions of the ECB

the European Central Bank (ECB) and the national central banks of the

eurozone go into the system

the national central banks of the eurozone are integral and integrated part of the ESCB,

and operate in accordance with the guidelines and instructions issued by the

ECB

it is responsible for the common monetary and exchange rate policy

trade balance surplus

trade balance deficit

tax increases

balance of payments deficit

to give the US dollar the role of a

substitute for gold

determine the rates of national currencies on the basis of pure gold

content

determine that the

price of gold will be fixed and constant

all answers are incorrect

all answers are correct

the ratio of national currencies determined by a decision of the national

monetary authority

d

c

b

a