Choose the Statement That Is Incorrect

question 86

Multiple Choice

Choose the statement that is incorrect.

• A)The Bank of Canada's strategy of inflation rate targeting that keeps the inflation rate low and stable makes the maximum possible contribution towards achieving full employment and sustained economic growth.
• B)The Bank of Canada's strategy of inflation rate targeting has resulted in an inflation rate that is 0.3 percent per year below the core CPI inflation rate since 2000.
• C)The last time the Bank of Canada created a recession was at the beginning of the 1990s when it was faced with the threat of ongoing double-digit inflation.
• D)The Bank of Canada's monetary policy is sensitive to the state of employment while maintaining its focus on achieving its inflation target.
• E)The inflation-control target uses the Consumer Price Index as the measure of inflation.

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Definitions:

Action Potential

A rapid rise and subsequent fall in voltage or electrical charge across a cellular membrane, typical of neurons and muscle cells.

Myelin Sheath

A fatty layer that surrounds the axons of some nerve cells, serving to speed up electrical impulses transmitted along the nerve cells.

Adjacent Cells

Cells that are next to each other, sharing a common boundary or close proximity.

Central Nervous System

The part of the nervous system consisting of the brain and spinal cord, responsible for processing and sending out information.