The Short- Run Objective of the Bank of Canada Is

question 66

Multiple Choice

The short- run objective of the Bank of Canada is to ; the long- run objective is to _.

• A)enhance any positive shocks; keep inflation within its target band
• B)keep actual output within 1%- 3% of potential output; keep the money supply growing at a constant rate
• C)reduce any positive or negative output gaps; keep inflation within its target band
• D)ignore any shocks as they are automatically adjusting; keep inflation within its target band
• E)ignore any shocks as they are automatically adjusting; keep GDP growth constant

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Definitions:

Desirable Job Assignments

Tasks or projects that are attractive to employees, often offering learning opportunities, recognition, and career advancement.

Position Power

Authority derived from an individual's role or position within an organization, allowing them to influence others formally.

Interpersonal Contacts

The interactions and relationships that occur between individuals in a personal or professional context.

Information Flows

The movement of information within an organization from creation to usage, crucial for decision-making and coordination.