Which List Ranks the Bank of Canada's Monetary Policy Tools

question 87

Multiple Choice

Which list ranks the Bank of Canada's monetary policy tools from most to least frequently used?

• A) bank rate changes; open-market transactions; reserve requirement changes
• B) bank rate changes; reserve requirement changes; open-market transactions
• C) open-market transactions; bank rate changes; reserve requirement changes
• D) open-market transactions; reserve requirement changes; bank rate changes

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Definitions:

Manipulate Earnings

The act of altering financial statements through aggressive accounting practices or outright fraud to present a more favorable view of a company's finances.

Consensus Estimate

The average estimate for a company's future earnings per share or other financial metrics, derived from the forecasts of analysts covering the stock.

Academic Studies

Systematic investigations into a particular subject, field, or issue, often conducted in educational settings to advance knowledge.

Layaway

A purchasing agreement in which a retailer allows a customer to pay for goods in installments while the retailer holds the item until it is paid in full.