Choose the Statement That Is Incorrect

question 5

Multiple Choice

Choose the statement that is incorrect.

• A)The last time the Bank of Canada created a recession was at the beginning of the 1990s when it was faced with the threat of ongoing double- digit inflation.
• B)The Bank of Canada's monetary policy is sensitive to the state of employment while maintaining its focus on achieving its inflation target.
• C)The Bank of Canada's strategy of inflation rate targeting that keeps the inflation rate low and stable makes the maximum possible contribution towards achieving full employment and sustained economic growth.
• D)The inflation- control target uses the Consumer Price Index as the measure of inflation.
• E)The Bank of Canada's strategy of inflation rate targeting has resulted in an unemployment rate that is 0.3 percent per year below the natural unemployment rate on average.

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Definitions:

Campaign Finance

The funds that are raised and spent to promote candidates, political parties, or policy initiatives in election contexts.

Democide

The murder of any person or people by their government, including genocide, politicide, and mass murder.

Accounting Abuses

refers to the manipulation or misrepresentation of financial records and reports to conceal the actual financial condition or performance of an entity.

Overcharging Clients

The unethical practice of charging clients more than is fair or initially agreed upon for services or goods.