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otázka		odpověď
The Maastricht criteria, also known as the convergence criteria . The ERM II participation ensures that the country's exchange rate is stable and within a narrow fluctuation band. The candidate country should have a budget deficit no greater than 3% of its GDP. začněte se učit		The Maastricht criteria, also known as the convergence criteria The country's long-term interest rates should not exceed the average of the three best-performing EU member states by more than 2% The inflation rate should not exceed the average of the three best-performing EU member states by more than 1.5%.
ERM II začněte se učit		ERM II. The fluctuation band is typically ±15% on either side of the central rate, although in exceptional circumstances, wider bands can be allowed.
PLZ to PLN začněte se učit		The denomination of the Polish zloty (PLN) occurred on January 1, 1995
has high operating leverage začněte se učit		has high operating leverageA business that generates sales with a high gross margin and low variable costs
has high operating leverage in software sales začněte se učit		has high operating leverage. For example, a software business has greater fixed costs in developers’ salaries and lower variable costs in software sales. As such, the business

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