Quantitative Easing Is Part of the Bank of Canada's Role

question 80

Multiple Choice

Quantitative easing is part of the Bank of Canada's role as

• A) manager of the exchange rate.
• B) banker to the government.
• C) issuer of currency.
• D) regulator of the money supply.
• E) lender of last resort.

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Definitions:

Concrete Operational

A stage in Piaget's theory of cognitive development during which children gain the abilities of logical thought about concrete events, understanding the concepts of conservation, and the ability to classify and serial order.

Preoperational

A stage in Jean Piaget’s theory of cognitive development during which children from about 2 to 7 years old develop memory and imagination, but are not yet able to perform operations (logical reasoning tasks).

Sensorimotor

A developmental stage in early childhood where learning occurs through interacting with the environment using basic motor and sensory skills.

Formal Operational

Formal operational is a stage in Piaget's theory of cognitive development where individuals gain the ability to think abstractly, logically, and systematically, typically developing during adolescence.