Hello, please zoom in on the image to see the image clearly. I need all of the help I can get with these homework questions. If there is an area with a dropdown menu for answer options, I typed out each option. Thank you so much.

7. Economic costs and benefits of a common currency Identify whether each attribute in the following table is an advantage or disadvantage of sharing a currency across country boundaries. Attribute Advantage Disadvantage Uniform prices O O Enhanced competition O O Increased difficulty adjusting out of recession O O Higher risk of public debt O O Lower cost of currency conversion O O (a suboptimal or an optimal) Which of the following are reasons the European Union is considered currency area? Check all that apply. O Limited use of fiscal policy A single monetary policy that is equally effective across borders No legal or cultural barriers to labor mobility across borders Labor immobility Grade It Now Save & Continue Continue without saving