A Downward Shift of the Bank of Canada's Monetary Policy

question 113

Multiple Choice

A downward shift of the Bank of Canada's monetary policy rule corresponds to a _________ the aggregate demand (ADI) curve,and a decrease in autonomous aggregate demand corresponds to a _________ the aggregate demand (ADI) curve.

• A) shift to the left of;movement up
• B) shift to the left of;shift to the right of
• C) movement up;movement down
• D) movement up;shift to the right of
• E) shift to the right of;shift to the left of

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Definitions:

Treasury Shares

Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the financial market but not considered when calculating earnings per share or dividends.

MBCA

Stands for the Model Business Corporation Act, which is a template law designed to standardize and regulate the formation and operation of corporations across the United States.

Limited Voting Rights

Voting rights that are restricted in some manner, such as being allowed only under certain conditions or only applying to specific matters.

Treasury Shares

Shares that were once issued and outstanding but were later purchased back by the issuing company, reducing the amount of outstanding stock.