To Remove an Inflationary Gap, the Bank of Canada Would

question 45

Multiple Choice

To remove an inflationary gap, the Bank of Canada would probably seek to

• A)increase its target for the overnight interest rate.
• B)increase its target for the money supply.
• C)buy government securities through open- market operations.
• D)decrease its target for the overnight interest rate.
• E)decrease the bank rate.

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The complete package of financial and non-financial benefits provided to employees, including salaries, bonuses, health insurance, and retirement plans.