If We Observe That Short-Term Market Interest Rates Have Fallen,we

question 10

Multiple Choice

If we observe that short-term market interest rates have fallen,we can certainly conclude that the

• A)Bank of Canada has implemented an expansionary monetary policy.
• B)Bank of Canada has implemented a contractionary monetary policy.
• C)Bank of Canada has abandoned its inflation target.
• D)Government of Canada has reduced the money supply.
• E)It is not possible to conclude any of the above.

---

Definitions:

Oldowan

Relating to or denoting the earliest known stone tool industry, characterized by simple, mostly unifacial core and flake tools used by early humans.

Acheulean Technology

An archaeological term referring to a stone tool industry characterized by distinctive oval and pear-shaped hand-axes associated with early humans, particularly Homo erectus, dating from the Lower Paleolithic era.

Evolution

The process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth, driven by natural selection, genetic drift, mutations, and gene flow.