Two Tools Used by the Bank of Canada in Managing

question 145

True/False

Two tools used by the Bank of Canada in managing the money supply are open market operations and the overnight rate.

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Definitions:

Private Market

A market where transactions are made between private entities without significant government intervention or regulation.

Common Resources

Resources that are available to all individuals, such as air or public parks, but are susceptible to overuse and depletion because they are not privately owned.

Bluefin Tuna

A species of tuna known for its size, speed, and value, especially in sashimi and sushi dishes.

Common Resource

A resource that is available to all users, but which can be depleted if overused, such as fisheries, clean air, and public parks.