If the Bank of Canada Is Concerned with Recession It

question 35

Multiple Choice

If the Bank of Canada is concerned with recession it will _______ the overnight loans rate to _______.

• A)raise; decrease aggregate demand
• B)lower; decrease aggregate demand
• C)lower; increase potential GDP
• D)raise; increase aggregate demand
• E)lower; increase aggregate demand

---

Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a given confidence level.

Confidence Level

The probability, expressed as a percentage, that a parameter lies within a specified range of values (confidence interval).

Confidence Interval

A range of values, derived from the sample data, within which the true population parameter is expected to lie, with a given level of confidence.

Standard Error

The statistical term that measures the accuracy with which a sample represents a population.