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Describe non-conventional policies that could be implemented by the Bank of Canada when the policy rate approaches the lower bound.
Fully Buffered Memory
A type of memory module technology where the memory chip communicates with the memory controller through a buffer, enhancing the memory's speed and stability.
Flash
A technology used for storing data, often found in memory cards and USB drives for fast access and durability.
SRAM
Static Random Access Memory, a type of RAM that retains data bits in its memory as long as power is being supplied, without needing to refresh the data.
NVRAM
Non-Volatile Random Access Memory, a type of memory that retains data without power, used for storing configuration settings.
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