If There Were a Large and Persistent Recessionary Gap,an Appropriate

question 94

Multiple Choice

If there were a large and persistent recessionary gap,an appropriate monetary policy could include

• A)increasing the bank rate.
• B)increasing the overnight lending rate.
• C)decreasing reserves available to the commercial banks.
• D)the Bank of Canada reducing its target for the overnight interest rate.
• E)the Bank of Canada selling government securities to the public.

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Definitions:

Ecological Terms

Vocabulary or language pertaining to ecology, the branch of biology that deals with the relationships between living organisms and their environment.

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Participation that is engaged, enthusiastic, and committed, particularly within a task or process.

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The act of overseeing the performance and activities of individuals or groups to ensure standards are met and objectives are achieved.

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The effectiveness and efficiency with which an employee carries out their job duties and responsibilities.