Which of the Following Is the Bank of Canada Implementing

question 124

Multiple Choice

Which of the following is the Bank of Canada implementing when it tightens the money supply by selling government securities or raising interest rates?

• A) fiscal reduction strategy
• B) contractionary policy
• C) retrenchment strategy
• D) shrinkage policy

---

Definitions:

Speaking Outline

A structured framework or plan that outlines the main points and details of a speech, designed to aid in its delivery.

Credibility

The quality of being trusted and believed in, often based on a reputation for honesty, reliability, and expertise.

Relevant Experience

Work or activities that directly relate to the position or field one is applying to or working in.

Accomplishments

Achievements or completed goals that are often used to demonstrate an individual's capabilities or successes.