Which Statement Correctly Describes an Anti-Inflationary Monetary Policy

question 61

Multiple Choice

Which statement correctly describes an anti-inflationary monetary policy?

• A) The Bank of Canada's recent buying of government bonds is stimulating the housing sector.
• B) The Bank of Canada's recent moves to lower interest rates are behind the recent depreciation of the Canadian dollar.
• C) The Bank of Canada's recent moves to raise the overnight rate are leading to less lending and less consumer spending.
• D) The Bank of Canada's recent sales of government bonds are stimulating the housing sector.
• E) The Bank of Canada's recent moves to decrease the value of the Canadian dollar are leading to more spending in the economy.

Apply the concept of the marginal utility-to-price ratio in maximizing utility.

Understand how budget constraints affect consumer choices.

Identify the conditions under which a consumer is in equilibrium.

Understand the impact of changes in income on consumer utility maximization.

---

Definitions:

Charged Criminally

The formal accusation made against an individual by a governmental authority asserting that the individual has committed a crime.

Jury Trial

A legal proceeding where a jury made up of citizens determines the outcome of a case.

Double Jeopardy

The legal principle that prohibits an individual from being tried twice for the same crime in the same jurisdiction.

Provincial Court

A lower level court in Canada that handles less serious criminal offenses, family law (excluding divorce), and small claims.