In 1982, When the Bank of Canada Was Focusing Its

question 87

Multiple Choice

In 1982, when the Bank of Canada was focusing its attention on reducing the growth rate of the money supply, an unplanned surge in led to an unintended tight monetary policy which caused .

• A)money supply; a drop in the overnight lending rate and increased investment
• B)money demand; decreased inflation and a serious recession
• C)money supply; the Bank of Canada to apologize to the public for its policy error
• D)desired investment; the Bank of Canada to adopt a core inflation targeting policy
• E)desired investment; inflation to increase

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Definitions:

Closing Phase

The final stage in a process or activity, where completion is prepared and assessed.

Follow Up Questions

Questions asked after an initial question or discussion, aimed at obtaining more detailed information or clarifying previous answers.

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A state of mental uncertainty or excitement, as in awaiting a decision or outcome, often used to engage audiences in literature or film.

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A manager who achieves organizational goals through efficient planning, organizing, leading, and controlling of resources.