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From course:

Economics A Level (DONEEEEEEE)

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Question:

What are the 2 Main Institutions within the EU for Economics?

Author: eric_galvao



Answer:

-The European Commission: One Commissioner from each Member Nation. Allocates EU Funding, Manages Budgets, and Proposes Laws -The European Central Bank: Manages the Euro and tries to make Prices Stable. Sets Interest Rates to control Inflation, issues Euro Banknotes and also manages the Foreign Currency Reserves to maintain the Euro's Exchange Rate


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