The Type of Monetary Policy That Is Used in Canada,New

question 35

Multiple Choice

The type of monetary policy that is used in Canada,New Zealand,and the United Kingdom is

• A)monetary targeting.
• B)inflation targeting.
• C)targeting with an implicit nominal anchor.
• D)interest-rate targeting.

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Definitions:

Adequately

In a manner that is sufficient or satisfactory for a particular purpose.

Performance

In contract law, it refers to the act of doing what is required by a contract.

Novation

The act of replacing an original party in a contract with a new party, with the consent of all involved, effectively creating a new contract.

Previous Valid Obligation

A duty or commitment that has been legally recognized and must be fulfilled as previously agreed or contracted.