Which of the Following Is NOT a Goal of the Bank

question 73

Multiple Choice

Which of the following is NOT a goal of the Bank of Canada?  

• A) a high level of employment 
• B) stability in interest rates 
• C) high prices to encourage production 
• D) stability in prices

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Definitions:

Absolute Advantage

The capacity of a person, company, or nation to generate a greater quantity of a product or service using an identical quantity of inputs as compared to competitors.

Broccoli

A green plant from the cabbage family, known for its nutritional benefits and widely consumed as a vegetable.

Opportunity Cost

The cost attached to not opting for the immediately lesser favorable choice when making a decision.

Russia

A country in Eurasia, the world's largest by land area, known for its significant contributions to arts, science, and global politics, as well as its rich cultural heritage.