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please ignoring my answer. Question 4 (1 point) Saved Your friend Elizabeth says that all the Bank of Canada does is lower or raise interest
please ignoring my answer.
Question 4 (1 point) Saved Your friend Elizabeth says that all the Bank of Canada does is lower or raise interest rates. You explain that the Bank of Canada's actual mission is to do which of the following? a) maintain an economically healthy and financially sound business environment set the rules and regulations with which all banks are required to comply prevent a recession at all costs d) manipulate the market through the regulation of reserve requirements Question 5 (1 point) Saved If the Bank of Canada buys government securities in open market operations, what is the likely effect? an increase in the overall money supply and increased economic activity b) less money for banks to lend customers leading to an economic slowdown a decrease in the overall money supply and higher prices on goods and services d) a rapid increase in the amount of loans consumers take leading to increased economic activityStep by Step Solution
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