Which Statement Below Best Expresses the Relationship Between the 3-

question 18

Multiple Choice

Which statement below best expresses the relationship between the 3- month Treasury bill rate and the overnight loans rate? The rates are

• A)not similar because the treasury bill rate is set by the Government of Canada whereas the overnight loans rate is set by the Bank of Canada.
• B)not similar because the treasury bill rate is established through the financial markets whereas the overnight loans rate is set by the Bank of Canada.
• C)similar because banks can readily substitute between them.
• D)not similar because banks can not readily substitute between them.
• E)similar because they are both required to remain with the Bank of Canada's operating band.

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Definitions:

Cognitive Dissonance

A psychological state of discomfort experienced when holding two or more conflicting cognitions (beliefs, attitudes, or behaviors).

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The hypothesis that facial expressions can influence emotional experiences, suggesting that smiling can make one feel happier.

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The biochemical process by which organisms convert ingested food into energy and building blocks for growth, repair, and maintenance.

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A specialized tissue in animals designed for contraction, which aids in movement and force generation within the body.