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:

Trophoblast

The outer part of the blastocyst from which the amniotic sac, placenta, and umbilical cord develop.

Placenta

An organ connected to the uterine wall and to the fetus by the umbilical cord. The placenta serves as a relay station between mother and fetus for the exchange of nutrients and wastes.

Prenatal Activity

Activities or behaviors exhibited by a fetus in the womb, including movements and responses to different stimuli.

Zygote

The initial cell formed when a new organism is produced by sexual reproduction, resulting from the union of sperm and egg cells.