Which of the Following Actions Would Have the Effect of Increasing

question 106

Multiple Choice

Which of the following actions would have the effect of increasing the supply of money and credit and lowering interest rates?

• A) the Bank of Canada buying government securities
• B) the Bank of Canada raising the margin requirement
• C) the Bank of Canada raising the reserve requirement
• D) the Bank of Canada raising the discount rate

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Definitions:

Marx

Refers to Karl Marx, a 19th-century philosopher, economist, and social scientist whose work in economics laid the foundation for much of the current understanding of labor and its relation to capital.

Social Contract

The social contract is a theory in political philosophy suggesting that people live together in society in accordance with an agreement that establishes moral and political rules of behavior.

Rousseau

Jean-Jacques Rousseau, an influential 18th-century philosopher known for his contributions to political philosophy, education, and literature.

Looking Glass

A metaphorical concept describing how an individual's self-understanding is shaped by how others perceive them.