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1. The economy is in recession and the Bank of Canada wants to increase the money supply. Should it increase or decrease the following? a.

1. The economy is in recession and the Bank of Canada wants to increase the money supply. Should it increase or decrease the following?

a. Reserve requirements: (decrease / increase).

b. The bank rate: (decrease / increase).

c. Purchases of bonds in the open market: (decrease / increase).

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