If the Operating Target of the Bank of Canada Is

question 67

Multiple Choice

If the operating target of the Bank of Canada is 4 percent then the bank rate is ________.

• A) 4.25 percent
• B) 4.50 percent
• C) 3.5 percent
• D) 4 percent

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Definitions:

Factor Analysis

Analyzing correlations among items to see which form related clusters.

Basic Traits

Fundamental personality characteristics that are thought to be universal and relatively stable over time.

Factor Analytic

A statistical method used to describe variability among observed, correlated variables in terms of a potentially lower number of unobserved variables called factors.

Big Five

An approach that defines personality in humans by five primary factors: openness, conscientiousness, extraversion, agreeableness, and neuroticism.