We Can Expect That an Increase in Canadian Interest Rates

question 136

Multiple Choice

We can expect that an increase in Canadian interest rates caused by a monetary contraction would

• A)decrease the external value of the Canadian dollar.
• B)stimulate Canadian exports.
• C)increase the external value of the Canadian dollar.
• D)always induce an offsetting action by the Bank of Canada.
• E)lead to a surplus in Canada's current account.

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Definitions:

Glenn Beck

An American conservative political commentator, radio host, and television producer, known for his right-wing views, and the founder of TheBlaze, a multiplatform news and entertainment network.

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