If We Observe That the Bank Rate Has Fallen,we Can

question 9

Multiple Choice

If we observe that the bank rate has fallen,we can conclude that the

• A)Bank of Canada has implemented a contractionary monetary policy.
• B)Bank of Canada has abandoned its inflation target.
• C)Government of Canada has reduced the money supply.
• D)Bank of Canada has implemented an expansionary monetary policy.
• E)Bank of Canada has adjusted the rate it pays on Treasury bills.

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Definitions:

Family and Medical Leave Act

A U.S. law that provides employees with up to 12 weeks of unpaid, job-protected leave per year for certain family and medical reasons.

Consolidated Omnibus Budget Reconciliation Act

A federal law in the United States that provides individuals and their families the right to continue health care coverage under the group plan for limited periods under certain conditions.

Unemployment Insurance

A federally mandated program to minimize the hardships of unemployment through payments to unemployed workers, help in finding new jobs, and incentives to stabilize employment.

Voluntary Unemployment

The condition of being without employment by choice, often due to personal reasons rather than external economic conditions.