The 2016 inflation control target agreement between the Government of Canada and the Bank of Canada runs
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The 2016 inflation control target agreement between the Government of Canada and the Bank of Canada runs to the end of 2021.
a. What does the inflation control agreement say about the Bank’s control of the quantity of money?
b. Why is it important that the agreement be renewed again in 2021 and what might be some obstacles to its renewal?
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a The inflation control agreement between the Government of Canada and the Bank of Canada does not explicitly mention the Banks control of the quantit...View the full answer
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