The Most Important Day-To-Day Monetary Instrument That the Bank of Canada

question 60

Multiple Choice

The most important day-to-day monetary instrument that the Bank of Canada uses to achieve the desired interest rate and therefore the price stability is:

• A)open-market operations.
• B)the bank rate.
• C)the government expenditure.
• D)the prime interest rate.

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Definitions:

Phenotypic Variation

The observable differences in appearance, function, and behavior among individuals of the same species due to genetic and environmental factors.

Monohybrid Cross

Cross between two individuals identically heterozygous for one gene; for example Aa × Aa.

Purebred

An animal bred from parents of the same breed or variety, maintaining specific desired traits over many generations.

Genotype

The particular set of alleles that is carried by an individual’s chromosomes.