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ECON-1012-B-Introduction to Macroeconomics
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Which of the following events does not occur when the Bank of Canada raises the overnight rate target?
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Which of the following quotations correctly describes the impact of monetary policy on the economy?
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In what state of the economy does the Bank of Canada set a low overnight rate target?
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If the Bank of Canada wants to eliminate a recession, which of the following policies would be appropriate to use?
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What is the overnight rate?
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Which of the following events flow from an increase in the quantity of money?
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When the central bank wants to slow the inflation rate, it conducts an open market operation. Which of the following events will occur?The central bank ________ government securities, which ________ bank reserves, ________ the overnight rate, and ________ the quantity of money and the supply of loanable funds.
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If the Bank of Canada fears inflation it will undertake which of the following actions?The Bank will conduct an open market ________ of government securities, which will ________ the overnight rate target, and ________ the economic growth rate.
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If the overnight rate is below target, which of the following actions does the Bank take?The Bank ________ securities to ________ bank reserves, which ________ the overnight rate.
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Which of the following inflation-control targets does the Bank of Canada use?An inflation-control target range of ________ percent a year, with the trend inflation rate of ________ percent a year.
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