Question 5 To join the EMU, a country must have no more than _inflation rate above the average of the three EU member states with Not yet the lowest inflation, a public-sector deficit no higher than _of its GDP in general, and a public debt below or approaching a reference answered level of Marked out of 1.00 Flag Select one: question O a. 1.5%, 3%, 60% O b. 5%, 10%, 80% O c. 3%, 1%, 10% O d. 2%, 5%, 50% Question 6 A major economic benefit of fixed exchange rates compared to floating rates is that Not yet answered Select one: Marked out of 1.00 O a. the prices of goods and services remains the same across all participating countries. Flag O b. they simplify economic calculations and provide a more predictable basis for international transactions. question O c. they help countries conduct independent monetary policies. O d. they help to establish convergence in per capita income across participation countries