Which of the Following Actions by the Bank of Canada

question 47

Multiple Choice

Which of the following actions by the Bank of Canada will increase the money supply and stimulate economic activity?

• A) increasing the overnight rate
• B) buying government securities in open market operations
• C) selling government securities in open market operations
• D) decreasing the prime rate

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Definitions:

Unified Commitment

A collective dedication or pledge by a group or organization towards achieving a common goal or principle.

Clear, Elevating Goal

A defined objective that is understandable and inspires people to strive towards it, often motivating higher performance.

Principled Leadership

A leadership approach based on adhering to a set of ethical values and standards, guiding decisions and actions with integrity and moral courage.

Expected Outcomes

Anticipated results or effects that are likely to occur as a consequence of some action or process.