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In Order to Promote Price Stability as the Long-Term Goal

question 122

Multiple Choice

In order to promote price stability as the long-term goal of monetary policy, Bank of Canada Governor John Crow and the minister of finance set inflation targets with a band of plus or minus one percentage point around them.Through the late 1980s and early 1990s Canada saw ________ and ________.


Definitions:

Statistically Significant

A determination that a result from data analysis is not likely to have occurred by chance, suggesting a real effect or difference in the population sampled.

Investigator

A person who carries out a formal inquiry or investigation to discover and examine facts to establish the truth.

Mean

The average value of a set of numbers, calculated by dividing the sum of all the numbers by the count of the numbers.

Sex Partners

Sex partners refer to individuals who engage in sexual activities with each other.

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