Which of the Following Statements Correctly Describes an Anti- Inflationary

question 63

Multiple Choice

Which of the following statements correctly describes an anti- inflationary monetary policy?

• A)"The Bank of Canada's recent moves to decrease the value of the Canadian dollar are leading to more spending in the economy."
• B)"The Bank of Canada's recent purchases of government securities is stimulating the housing sector."
• C)"The Bank of Canada's recent moves to lower interest rates are behind the recent decreases in the value of the Canadian dollar."
• D)"The Bank of Canada's recent moves to increase the overnight loans rate are leading to less lending and less consumer spending."
• E)"The Bank of Canada's recent sales of government securities are stimulating the housing sector."

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