Monetarists Think That the Bank of Canada Should Use ________

question 44

Multiple Choice

Monetarists think that the Bank of Canada should use ________ as a target when conducting monetary policy.

• A)the money supply
• B)the overnight interest rate
• C)the Treasury bill rate
• D)the inflation rate
• E)the unemployment rate

---

Definitions:

Central Tendency

Statistics referring to the middle or typical value within a dataset, represented by measures such as mean, median, and mode.

Mean

The arithmetic average of a set of numbers, calculated by adding all the numbers together and dividing by the count of those numbers.

Median

A statistical measure representing the middle value in a sorted, ascending or descending, list of numbers.

Mode

The value that appears most frequently in a given set of data, or a specific way or manner in which something occurs or is experienced.