Which of the Following Events Would Justify the Bank of Canada

question 90

Multiple Choice

Which of the following events would justify the Bank of Canada implementing an expansionary monetary policy,while maintaining its commitment to its inflation target?

• A)an appreciation of the Canadian dollar due to increases in the world prices of Canadian exports
• B)a depreciation of the Canadian dollar due to persistent current account deficits of Canada
• C)an oil-price shock that drives up Canadian inflation
• D)the U.S.economy increasing its demand for Canadian goods and services
• E)a major decline in the Canadian stock market index

---

Definitions:

Gender-based Legal Distinctions

Differences in laws and legal practices that are explicitly based on an individual's gender, often leading to discussions about equality and discrimination.

Fifteenth Amendment

An amendment to the U.S. Constitution, ratified in 1870, that prohibits the federal and state governments from denying a citizen the right to vote based on that person's "race, color, or previous condition of servitude."

American Plan

Historically, a strategy used by employers in the early 20th century to prevent unionization by promoting welfare capitalism, or more broadly, can refer to any distinctively American strategy or policy.

Union Regulations

Legal standards and rules governing the functioning and organization of labor unions.