What Is the Most Important Objective of the Bank of Canada

question 18

Multiple Choice

What is the most important objective of the Bank of Canada?

• A)keeping the bank rate at between 1 percent and 3 percent
• B)keeping the unemployment rate at between 1 percent and 3 percent
• C)keeping the inflation rate at between 1 percent and 3 percent
• D)keeping the growth rate of the economy at between 1 percent and 3 percent

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Definitions:

Population

The total number of people or organisms inhabiting a particular area or space.

Subset

A part or portion of a larger group or set that shares certain characteristics or criteria, distinguishing it from the broader group.

Generalizability

concerns the extent to which the findings from a study or research can be applied or extended to other contexts or populations.

White Supremacists

Individuals or groups who believe in the superiority of white people over those of other races, often advocating for segregation, racism, and intolerance.