Which of the Following Correctly Describes a Monetary Target the Bank

question 124

Multiple Choice

Which of the following correctly describes a monetary target the Bank of Canada has focused on?

• A)The Bank of Canada has used M1+ and M1++ as targets since 1993.
• B)The Bank of Canada has focused on M1+ as a target after deregulation of the financial markets.
• C)The Bank of Canada uses the overnight interest rate to target the interest rate.
• D)After 1980 and before the 1990s, the Bank of Canada focused on interest rate targets.
• E)The Bank of Canada has focused on the growth of M2, rather than the level of M2.

---

Definitions:

DSMs

Diagnostic manuals used by clinicians to classify and diagnose mental disorders, providing standardized criteria and definitions.

Case Study

A detailed examination of a single subject or an instance, often used in clinical, educational, and business research to explore complex issues in real-life contexts.

Abnormal Behaviour

Actions or behaviors that deviate significantly from what is considered typical or usual for a given culture or society.

Projective Test

A type of psychological test that reveals information the person being tested cannot or will not report directly. Used to help clinicians form hypotheses about an individual’s personality. See also Rorschach inkblot test.