What Is the Reason Behind the Seven-Year Appointment for the Governor

question 103

Multiple Choice

What is the reason behind the seven-year appointment for the governor of Bank of Canada?

• A)It makes the system compatible with the ones in other countries.
• B)It confers stability to the financial system.
• C)It allows the governor to become better in doing his or her job.
• D)It insulates the governor from political pressure.

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Definitions:

Overtime Work

Working hours that exceed the standard working hours typically defined by law or contract.

Fight-or-Flight Reaction

A physiological response to perceived harmful events, attacks, or threats to survival, characterized by an increase in heart rate, blood pressure, and energy supplies.

Heart Rate

The number of heartbeats per unit of time, typically expressed as beats per minute (bpm), indicating cardiovascular activity and overall health.

Respiration Rate

The number of breaths an individual takes per minute, a vital sign indicating the rate of breathing and an important measure of respiratory function.