What Should the Bank of Canada Do If It Wants

question 161

Multiple Choice

What should the Bank of Canada do if it wants to increase the money supply?

• A) buy government securities
• B) cut taxes
• C) raise the discount rate
• D) raise the reserve requirement

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Definitions:

Refused Service

The act of denying a customer goods or services, which can be legal or illegal depending on the circumstances and nondiscrimination laws.

Provincial Governments

The governing bodies of provinces, responsible for administering provincial laws, policies, and services within their respective jurisdictions.

Section 92

Often referenced in legal texts, it might relate to a specific provision within a comprehensive statute, necessitating additional context to determine its exact nature.

Constitution Act, 1867

A foundational statute that established the federation of Canada, defining the structure of government, the judiciary, and the distribution of legislative powers between the federal and provincial levels.