One Reason That the Bank of Canada Does Not Try

question 61

Multiple Choice

One reason that the Bank of Canada does not try to influence the money supply directly is that

• A)the Bank of Canada has many other policy tools with which it can influence aggregate demand.
• B)the Bank of Canada does not have the mandate to change the money supply.
• C)because the money demand curve is almost horizontal,changes in the money supply would have little or no effect on the interest rate.
• D)because the investment demand curve is almost vertical,any change in the interest rate resulting from a change in money supply would have little or no effect on desired investment expenditure.
• E)the slope of the money demand curve is not precisely known,and so the effect on the interest rate of a change in money supply is uncertain.

Recognize the distinctions between content and process theories of motivation.

Analyze the implications of Maslow's needs hierarchy in various cultural contexts and organizational settings.

Understand the concepts of lower-order and higher-order needs according to Maslow.

Identify and differentiate between the factors that lead to job satisfaction and dissatisfaction according to Herzberg's two-factor theory.

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Definitions:

Fear of Women

An irrational fear or aversion to women, known as gynophobia.

Psychodynamic School

A psychological perspective that emphasizes unconscious psychological processes and contends that childhood experiences are crucial in shaping adult personality.

Gestalt Therapy

A form of psychotherapy emphasizing personal responsibility and focusing on the individual's experience in the present moment, the therapist-client relationship, the environmental and social contexts of a person's life, and the self-regulating adjustments people make as a result of their overall situation.

Person-Centered Therapy

A nondirective insight therapy based on the work of Carl Rogers in which the client does all the talking and the therapist listens.