Choose the Statement That Is Incorrect

question 60

Multiple Choice

Choose the statement that is incorrect.

• A)From 2009 to 2018, the overnight loans rate was at historically low levels because the Bank wanted to lean in the direction of avoiding recession.
• B)The Bank of Canada's choice of policy instrument is the overnight loans rate.
• C)When the Bank of Canada wants to slow inflation, it raises the overnight loans rate.
• D)The Bank of Canada normally changes the overnight loans rate by 25 basis points.
• E)The Bank has established 12 fixed dates each year on which it announces its overnight rate target for the coming period.

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Definitions:

Vector DNA

A molecule of DNA utilized to deliver genetic material into a cell, often used in genetic engineering and research to replicate or express particular genes.

DNA Polymerase

An enzyme that plays a crucial role in DNA replication and repair by assembling nucleotides to produce a new DNA strand.

Plasmids

Small, circular DNA molecules found in bacteria and some yeasts that can replicate independently of the chromosomal DNA.

Genome

The complete set of DNA, including all of its genes, in an organism or cell.