How Does the Bank of Canada Communicate Its Target for the Overnight

question 83

Multiple Choice

How does the Bank of Canada communicate its target for the overnight interest rate to the public?

• A)monthly announcements at fixed announcement dates (FADs)
• B)in its quarterly publication,"Monetary Policy Report"
• C)announcements made 8 times per year at pre-specified fixed announcement dates (FADs)
• D)the target is communicated to the minister of finance for approval and then released to the public on a quarterly basis
• E)the target is communicated to the Prime Minister for approval and then released to the public at 8 pre-specified fixed announcement dates (FADs)

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Definitions:

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individuals who achieve the highest level of Maslow's hierarchy of needs, realizing their full potential and living with purpose and autonomy.

Intolerance

The unwillingness to accept views, beliefs, or behavior that differ from one's own.

Autonomy

The right or condition of self-governance; independence in making one's own decisions.