5. Which of the following actions by the Bank of Canada would reduce the money supply? a....

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5. Which of the following actions by the Bank of Canada would reduce the money supply?

a. an open-market purchase of government bonds

b. a reduction in banks' reserve requirements

c. an increase in the interest rate paid on reserves

d. a decrease in the discount rate on Bank of Canada lending

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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