The Most Frequently Used Tool of Monetary Policy in Canada

question 19

Multiple Choice

The most frequently used tool of monetary policy in Canada to influence the money supply is:

• A)deposit switching.
• B)open-market operations.
• C)changes in reserve requirements.
• D)changes in interest rate paid on reserves.

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Definitions:

Independent Samples

Two or more groups of samples that are collected from independent populations, and where the selection of a sample from one population does not influence the selection from another.

Significance Test

A statistical test used to determine if the observed differences between two or more groups are statistically significant.

Canadian Cities

Urban areas within the country of Canada, governed by municipal bodies and defined by specific geographical and administrative boundaries.

Margin Of Error

An expression of the amount of random sampling error in a survey's results, indicating a range within which the true value lies.