Which of the following is NOT a required convergence criteria to become a full member of the European Economic and Monetary Union (EMU)?

Select one:

a. National birthrates must be at 2.0 or lower per person.

b. The fiscal deficit should be no more than 3% of GDP.

c. Government debt should be no more than 60% of GDP.

d. Nominal inflation should be no more than 1.5% above the average inflation rate for the three members with the lowest inflation rates in the previous year.