The Actions That the Bank of Canada Takes to Manage

question 26

Multiple Choice

The actions that the Bank of Canada takes to manage the money supply and interest rates to pursue macroeconomic policy objectives refer to

• A) fiscal policy.
• B) monetary policy.
• C) quantitative analysis.
• D) Federal Reserve transparency.

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Definitions:

Quota Sampling

A sampling procedure in which the sample is chosen to reflect the numerical composition of various subgroups in the population. A haphazard sampling technique is used to obtain the sample.

Social Class

A division of a society based on social and economic status, affecting access to resources and opportunities.

Sample Size

The number of subjects or observations included in a sample selected from a population for the purpose of a statistical study.

Confidence Interval

An interval of values within which there is a given level of confidence (e.g., 95%) where the population value lies.