Which of the Following Statements About the Monetary Policies Generated

question 32

Multiple Choice

Which of the following statements about the monetary policies generated by the Bank of Canada is the most accurate?

• A)They must be consistent with fiscal policies that are made in Parliament.
• B)They are sometimes inconsistent with fiscal policies.
• C)They must be ratified by Parliament.
• D)They must be approved by the minister of finance.

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Definitions:

Net Gain Or Loss

The overall financial result after all revenues are added and all expenses are subtracted.

Settlement Or Curtailment

Events that significantly reduce or eliminate the obligations or service period of a pension plan or other long-term benefits, requiring special accounting treatment.

Government Funding

Financial support provided by a governmental body to individuals, organizations, or projects deemed beneficial or necessary for the public or specific sectors.

Pension Costs

Expenses related to providing retirement benefits to employees, including contributions to pension plans and costs associated with pension plan management.