Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 45 What is the interest rate the Bank of Canada charges on loans it makes to banks? a. the prime rate Ob. the bank
QUESTION 45 What is the interest rate the Bank of Canada charges on loans it makes to banks? a. the prime rate Ob. the bank rate c. the treasury rate Od. the Canada payments rate QUESTION 46 What increase the money supply? a. lowering the bank rate; making open-market purchases b. lowering the bank rate; making open-market sales C. raising the bank rate; making open-market purchases Od. raising the bank rate; making open-market sales
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started