61)A Canadian politician recently said that she wanted to improve Canada's balance of payments.

a.This is impossible because Canada relies heavily on countries that are bigger than it.

b.This is possible only if the Canadian dollar remains weak.

c.This is possible only if Canada can attract foreign investment.

d.This is impossible because the balance of payments must always add to zero.

62)If the central bank reduces the overnight rate below zero, ...

a.The AD curve would bend backward.

b.The government would be unable to finance its public debt.

c.Lenders would benefit from the ultra-low interest rate.

d.The AS curve would shift left.

65)If C$1 = US$0.80 and US$1 = 100, then C$1 =

a.80

b.83.3

c.125

d.120