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Which of the following is the primary energy source in Europe during the time period discussed in the text?

  • Oil
  • Natural Gas
  • Nuclear Energy
  • Coal (correct)

    • What is the significance of the European Union single market?

  • To promote peace, values, and the well-being of its citizens. (correct)
  • To promote war and conflict within its borders.
  • To restrict the movement of goods, capital, services, and people.
  • To create economic problems and instability.

    • What is the main difference between fiscal and monetary policy?

  • Fiscal policy is controlled by the Federal Reserve Bank, while monetary policy is controlled by the government.
  • Fiscal policy and monetary policy are the same thing.
  • Fiscal policy is used to influence the money supply, while monetary policy is used to change taxes and government expenditures.
  • Fiscal policy is used to change taxes and government expenditures, while monetary policy is used to influence the money supply. (correct)

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