Which Is the Most Important Tool the Bank of Canada

question 147

Multiple Choice

Which is the most important tool the Bank of Canada has in preventing financial panics?

• A)the ability to print money
• B)the operating target band for the rate of inflation
• C)lending to commercial banks
• D)open market buyback operations
• E)timing the sale of government securities

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Definitions:

Nondiseases

Conditions or states that do not qualify as diseases due to lack of pathology or discernible bodily disorder.

Deadly

Capable of causing death; extremely dangerous or harmful.

Non-P

In logic, an abbreviation for "non-Propositional," used to describe elements not pertaining to propositions.

Good Deed

An act that is performed out of goodwill or benevolence without expecting compensation.