If the Bank of Canada uses the corridor system and aims to lower the overnight rate, what does it do?

Question

Answer

It raises the bank rate and the deposit rate, as well as selling government securities.

Answer

It raises the bank rate and the deposit rate, as well as buying government securities.

Answer

It lowers the bank rate and the deposit rate, as well as selling government securities.

Answer

It lowers the bank rate and the deposit rate, as well as buying government securities.

Answer

It lowers the bank rate and increases the deposit rate, as well as buying government securities.

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