Which of the Following Is NOT an Objective of the Bank

question 47

Multiple Choice

Which of the following is NOT an objective of the Bank of Canada?

• A)to regulate credit and currency
• B)to control and protect the external value of the Canadian dollar
• C)to mitigate fluctuations in the general level of economic activity
• D)to maintain a balanced federal budget

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Definitions:

Broader Values

Fundamental beliefs or standards that guide behavior and decision-making on a wide or general scale.

Moral Expectations

The standards of behavior viewed as right or appropriate by a society or a group, influencing individuals' conduct.

Corporate Social Performance

An organization's total impact on society, encompassing its economic, legal, ethical, and discretionary responsibilities.

Positive Impact

A beneficial effect or contribution to the improvement or enhancement of something.