Which of the Following Refers to the Bank of Canada's

question 148

Multiple Choice

Which of the following refers to the Bank of Canada's programs for controlling the amount of money in circulation?

• A) microeconomics
• B) macroeconomics
• C) monetary policy
• D) fiscal policy

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Definitions:

Cost Savings

Reductions in expenditures achieved through methods such as negotiation, effciency improvements, or substitution.

Pretax Return

The profit earned by a business before the deduction of tax expenses.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Net Present Value

A calculation that determines the present value of a series of future cash flows, minus the initial investment, used to assess the profitability of investments.