As of 2015,the Bank of Canada's Policy Objective Is to Maintain

question 64

Multiple Choice

As of 2015,the Bank of Canada's policy objective is to maintain inflation at or near the target of

• A)0%.
• B)1%.
• C)2%.
• D)3%.
• E)4%.

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Definitions:

Cent

A unit of currency used in several nations, equivalent to 1/100th of a dollar, euro, or similar decimal-based currency.

Significant Figures

The digits of a number that are meaningful in terms of accuracy or precision, important in scientific and mathematical calculations.

Percent

A part or other object per hundred, used in mathematics to describe how one quantity relates to another in terms of proportion or fraction.

Accurate

Definition: Precisely correct or exact in details.