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16. A headline reads: Bank of Canada raises the overnight rate by half a point. This indicates that: A) fiscal policy is being offset by

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16. A headline reads: "Bank of Canada raises the overnight rate by half a point." This indicates that: A) fiscal policy is being offset by monetary policy. B) monetary policy is being offset by fiscal policy. C) there has been a tightening of monetary policy. Students D) there has been an easing of monetary policy

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