Which of the Following Statements Is False

question 3

Multiple Choice

Which of the following statements is false?

• A) The interest rates that banks offer on investments or charge on loans depends on the horizon of the investment or loan.
• B) The Bank of Canada determines very short-term interest rates through its influence on the federal funds rate.
• C) The interest rates that are quoted by banks and other financial institutions are nominal interest rates.
• D) Fundamentally, interest rates are determined by the Bank of Canada.

---

Definitions:

Textbooks

Books specifically designed to support instruction in a subject area, often used as a primary source of information in education.

Slope

The measure of the steepness and direction of a line, indicating the rate of change from one point to another.

Regression Line

A straight line that describes how a response variable y changes as an explanatory variable x changes, used in linear regression analysis.

Theatre Revenues

The income generated from ticket sales, concessions, and other sources by theaters from staging plays, movies, and other performances.