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Question 37 (10 points) Suppose the Bank of Canada buys Euros from some major commercial Canadian banks in order to support the Canadian dollar. a.

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Question 37 (10 points) Suppose the Bank of Canada buys Euros from some major commercial Canadian banks in order to support the Canadian dollar. a. What is the immediate and the long-term impact of this operation on the Money Supply? b. If the Bank of Canada does not wish that the currency swap influence the Money Supply, what does it have to do

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