During the Period of Economic Recovery Between 1983 and 1987,the

question 56

Multiple Choice

During the period of economic recovery between 1983 and 1987,the main challenge for the Bank of Canada was to

• A)accommodate the recovery,and the associated growth in money demand,without increasing the money supply so much as to refuel inflation.
• B)decrease the money supply to dampen inflationary expectations.
• C)increase the money supply so that only a mild form of inflation would reappear.
• D)stabilize the exchange rate between the U.S.and Canadian dollars.
• E)stabilize the unemployment rate.

---

Definitions:

New Products

Goods or services that have been recently developed or introduced to the market.

Market Development

A strategic approach to grow a business by identifying and entering new markets for existing products.

Military Base

A facility directly owned and operated by or for the military or one of its branches that shelters military equipment and personnel, and facilitates training and operations.

Growth Strategy

A plan of action designed to increase the size and scope of a business, including expanding product lines, markets, or operational capacity.